8, ELPHAGE ROAD, FLEET, GU51 1LF - £375,000

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.

8 ELPHAGE ROAD is a very small semi-detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £396,670. It was last sold for £375,000 in May 2022, which was around 15% below the average May 2022 semi-detached price in the Hart local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

8 ELPHAGE ROAD Sold Prices

Land registry data shows four sales for 8 ELPHAGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Hart local authority area for the corresponding sale date. Most of the four 8 ELPHAGE ROAD 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 10 MAY	£375,000	£443,595	15% below HPI
2019 12 NOV	£365,000	£390,257	6% below HPI
2018 3 AUG	£355,000	£384,410	8% below HPI
2006 13 APR	£242,000	£228,190	6% above HPI

8 ELPHAGE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hart local authority area over time, sourced from the HPI. The four 8 ELPHAGE ROAD sales between April 2006 and May 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 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 8 ELPHAGE ROAD be worth now?

8 ELPHAGE ROAD might now be worth an estimated £396,670.

This is based on house price inflation of 5.8%, between May 2022 and February 2025, for semi-detached houses, in the Hart local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 8 ELPHAGE ROAD of £375,000 on 10th May 2022. For the value to have increased from £375,000 to £396,670 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 8 ELPHAGE ROAD has moved in line with the HPI for semi-detached houses in the Hart local authority area.
• The May 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELPHAGE ROAD has not materially changed since May 2022.

How Large is 8 ELPHAGE ROAD?

8 ELPHAGE ROAD is 78m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of semi-detached houses houses in Elvetham Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Elvetham Heath, and where 8 ELPHAGE ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 8 ELPHAGE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Elvetham Heath.

8 ELPHAGE ROAD: Plot and Title Map

8 ELPHAGE ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 8 ELPHAGE 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 8 ELPHAGE 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 8 ELPHAGE ROAD?

8 ELPHAGE ROAD is located in FLEET, in the GU51 postcode district. The below map shows the position of No. 8 on ELPHAGE ROAD.