62, PROSPECT ROAD, FARNBOROUGH, GU14 0EE - £318,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 PROSPECT ROAD is a very small extended terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £370,103. It was last sold for £318,000 in September 2019, which was around 18% above the average September 2019 terraced price in the Rushmoor local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

62 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 62 PROSPECT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rushmoor local authority area for the corresponding sale date. All of the three 62 PROSPECT ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 20 SEP	£318,000	£269,695	18% above HPI
2007 24 AUG	£225,000	£190,238	18% above HPI
2004 22 OCT	£168,000	£158,130	6% above HPI

62 PROSPECT ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rushmoor local authority area over time, sourced from the HPI. The three 62 PROSPECT ROAD sales between October 2004 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2019 sale, which was also at 18% above the HPI.

What might 62 PROSPECT ROAD be worth now?

62 PROSPECT ROAD might now be worth an estimated £370,103.

This is based on house price inflation of 16.4%, between September 2019 and June 2025, for terraced houses, in the Rushmoor local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 62 PROSPECT ROAD of £318,000 on 20th September 2019. For the value to have increased from £318,000 to £370,103 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 62 PROSPECT ROAD has moved in line with the HPI for terraced houses in the Rushmoor local authority area.
• The September 2019 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 62 PROSPECT ROAD has not materially changed since September 2019.

How Large is 62 PROSPECT ROAD?

62 PROSPECT ROAD is 84m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of terraced houses houses in Farnborough, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Farnborough, and where 62 PROSPECT ROAD lies on this distribution: 13% of terraced houses houses are smaller than 62 PROSPECT ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

62 PROSPECT ROAD: Plot and Title Map

62 PROSPECT ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 62 PROSPECT ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 62 PROSPECT ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 62 PROSPECT ROAD?

62 PROSPECT ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 62 on PROSPECT ROAD.