7, OAK ROAD, FARNBOROUGH, GU14 7AQ - £555,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 OAK ROAD is a large extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £555,000 in June 2020, which was around 7% above the average June 2020 detached price in the Rushmoor local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

7 OAK ROAD Sold Prices

Land registry data shows three sales for 7 OAK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushmoor local authority area for the corresponding sale date. Two of the three 7 OAK ROAD sales were for above the average price, whilst one was for below 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
2020 5 JUN	£555,000	£516,435	7% above HPI
2018 9 NOV	£555,000	£513,330	8% above HPI
2004 7 JUN	£282,000	£296,788	5% below HPI

7 OAK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 7 OAK ROAD sales between June 2004 and June 2020 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 November 2018 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 7 OAK ROAD?

7 OAK ROAD is 129m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Farnborough, based on EPC data. The below chart shows the distribution of detached houses by size in Farnborough, and where 7 OAK ROAD lies on this distribution: 64% of detached houses are smaller than 7 OAK ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

7 OAK ROAD: Plot and Title Map

7 OAK ROAD sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 7 OAK 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 7 OAK 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 7 OAK ROAD?

7 OAK ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 7 on OAK ROAD.