31B, READING ROAD, FARNBOROUGH, GU14 6NH - £385,000

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.

31B READING ROAD is a small terraced house of 103m², which could now be worth an estimated £450,561. It was last sold for £385,000 in June 2019, which was around 44% above the average June 2019 terraced price in the Rushmoor local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

31B READING ROAD Sold Prices

Land registry data shows five sales for 31B READING ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Rushmoor local authority area for the corresponding sale date. All of the five 31B READING 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 7 JUN	£385,000	£268,210	44% above HPI
2017 10 FEB	£570,000	£259,794	119% above HPI
2010 5 OCT	£310,000	£183,748	69% above HPI
2007 24 AUG	£542,000	£190,238	185% above HPI
2005 14 FEB	£275,000	£157,165	75% above HPI

31B READING 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 five 31B READING ROAD sales between February 2005 and June 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 February 2017 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the June 2019 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 31B READING ROAD be worth now?

31B READING ROAD might now be worth an estimated £450,561.

This is based on house price inflation of 17%, between June 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 17% inflationary increase is applied to the most recent sale price for 31B READING ROAD of £385,000 on 7th June 2019. For the value to have increased from £385,000 to £450,561 over the six years to June 2025, the following assumptions must hold true:

• The value of 31B READING ROAD has moved in line with the HPI for terraced houses in the Rushmoor local authority area.
• The June 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 31B READING ROAD has not materially changed since June 2019.

How Large is 31B READING ROAD?

31B READING ROAD is 103m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% 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 31B READING ROAD lies on this distribution: 35% of terraced houses houses are smaller than 31B READING ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Farnborough.

31B READING ROAD: Plot and Title Map

31B READING ROAD sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 31B READING 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 31B READING 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 31B READING ROAD?

31B READING ROAD is located in FARNBOROUGH, in the GU14 postcode district. The below map shows the position of No. 31B on READING ROAD.