Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
45 THE TIMBERS is a small detached house of 115m². It was last sold for £510,000 in June 2024, which was around 2% above the average June 2024 detached price in the Medway local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 45 THE TIMBERS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 45 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 |
---|---|---|---|
2024 28 JUN | £510,000 | £501,953 | 2% above HPI |
2016 12 AUG | £450,000 | £394,713 | 14% above HPI |
2014 21 NOV | £342,995 | £313,893 | 9% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 45 THE TIMBERS sales between November 2014 and June 2024 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 August 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.
45 THE TIMBERS is 115m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 45 THE TIMBERS lies on this distribution: 38% of detached houses are smaller than 45 THE TIMBERS, and 53% of houses are larger. Note that EPC data is not available for all properties in Halling.
45 THE TIMBERS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 45 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 45 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.
45 THE TIMBERS is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 45 on THE TIMBERS.