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 OAKFIELD PLACE is a small detached house of 102m², built sometime between 2003 and 2006. It was last sold for £475,000 in October 2022, which was around 23% below the average October 2022 detached price in the Rushmoor local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 OAKFIELD PLACE since 1st 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. All of the three 7 OAKFIELD PLACE sales were 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 |
---|---|---|---|
2022 7 OCT | £475,000 | £616,457 | 23% below HPI |
2005 4 NOV | £243,000 | £290,396 | 16% below HPI |
2003 30 JUN | £250,000 | £295,349 | 15% below HPI |
The below graph shows the average detached house price in the Rushmoor local authority area over time, sourced from the HPI. The three 7 OAKFIELD PLACE sales between June 2003 and October 2022 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
7 OAKFIELD PLACE is 102m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 OAKFIELD PLACE lies on this distribution: 35% of detached houses are smaller than 7 OAKFIELD PLACE, and 65% of houses are larger. Note that EPC data is not available for all properties in Farnborough.
7 OAKFIELD PLACE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 7 OAKFIELD PLACE, 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 OAKFIELD PLACE). 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.
7 OAKFIELD PLACE is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 7 on OAKFIELD PLACE.