31, SHETLAND WAY, FLEET, GU51 2UD - £110,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 SHETLAND WAY is a very small semi-detached house of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £261,628. It was last sold for £110,000 in September 2002, which was around 43% below the average September 2002 semi-detached price in the Hart local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

31 SHETLAND WAY Sold Prices

Land registry data shows three sales for 31 SHETLAND WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hart local authority area for the corresponding sale date. All of the three 31 SHETLAND WAY 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
2002 20 SEP	£110,000	£193,966	43% below HPI
2000 2 NOV	£91,580	£155,553	41% below HPI
1997 30 JUN	£55,000	£96,254	43% below HPI

31 SHETLAND WAY 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 three 31 SHETLAND WAY sales between June 1997 and September 2002 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 2000 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2002 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 31 SHETLAND WAY be worth now?

31 SHETLAND WAY might now be worth an estimated £261,628.

This is based on house price inflation of 137.8%, between September 2002 and December 2024, 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 137.8% inflationary increase is applied to the most recent sale price for 31 SHETLAND WAY of £110,000 on 20th September 2002. For the value to have increased from £110,000 to £261,628 over the 21 years and nine months to December 2024, the following assumptions must hold true:

• The value of 31 SHETLAND WAY has moved in line with the HPI for semi-detached houses in the Hart local authority area.
• The September 2002 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHETLAND WAY has not materially changed since September 2002.

How Large is 31 SHETLAND WAY?

31 SHETLAND WAY is 40m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Fleet, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fleet, and where 31 SHETLAND WAY lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 31 SHETLAND WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fleet.

31 SHETLAND WAY: Plot and Title Map

31 SHETLAND WAY sits on a plot of roughly 0.031 of an acre, or 126m². The below map shows the location of 31 SHETLAND WAY, 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 31 SHETLAND WAY). 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 31 SHETLAND WAY?

31 SHETLAND WAY is located in FLEET, in the GU51 postcode district. The below map shows the position of No. 31 on SHETLAND WAY.