31, THE TIMBERS, FAREHAM, PO15 5NB - £307,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

31 THE TIMBERS is a large extended detached house of 162m², built sometime between 1991 and 1995. It was last sold for £307,500 in September 2003, which was around 15% above the average September 2003 detached price in the Fareham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

31 THE TIMBERS Sold Prices

Land registry data shows three sales for 31 THE TIMBERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 31 THE TIMBERS 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
2003 11 SEP	£307,500	£266,343	15% above HPI
2000 28 JUL	£221,000	£169,010	31% above HPI
1996 22 FEB	£130,500	£100,500	30% above HPI

31 THE TIMBERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 31 THE TIMBERS sales between February 1996 and September 2003 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 July 2000 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2003 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 31 THE TIMBERS?

31 THE TIMBERS is 162m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where 31 THE TIMBERS lies on this distribution: 80% of detached houses are smaller than 31 THE TIMBERS, and 20% of houses are larger. Note that EPC data is not available for all properties in Fareham.

31 THE TIMBERS: Plot and Title Map

31 THE TIMBERS sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 31 THE TIMBERS, 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 THE TIMBERS). 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 THE TIMBERS?

31 THE TIMBERS is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 31 on THE TIMBERS.