8, THE TIMBERS, FAREHAM, PO15 5NB - £460,100

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 THE TIMBERS is a small detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £495,922. It was last sold for £460,100 in August 2021, which was around 10% below the average August 2021 detached price in the Fareham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

8 THE TIMBERS Sold Prices

Land registry data shows three sales for 8 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 8 THE TIMBERS 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
2021 3 AUG	£460,100	£512,301	10% below HPI
2015 3 AUG	£340,000	£381,776	11% below HPI
2005 9 SEP	£249,950	£291,213	14% below HPI

8 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 8 THE TIMBERS sales between September 2005 and August 2021 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 THE TIMBERS be worth now?

8 THE TIMBERS might now be worth an estimated £495,922.

This is based on house price inflation of 7.8%, between August 2021 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 8 THE TIMBERS of £460,100 on 3rd August 2021. For the value to have increased from £460,100 to £495,922 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 8 THE TIMBERS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The August 2021 sale price of £460,100 represented a fair market value for the property.
• The size, condition, and specification of 8 THE TIMBERS has not materially changed since August 2021.

How Large is 8 THE TIMBERS?

8 THE TIMBERS is 105m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fareham, and where 8 THE TIMBERS lies on this distribution: 39% of detached houses houses are smaller than 8 THE TIMBERS, and 61% of houses are larger. Note that EPC data is not available for all properties in Fareham.

8 THE TIMBERS: Plot and Title Map

8 THE TIMBERS sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 8 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 8 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 8 THE TIMBERS?

8 THE TIMBERS is located in FAREHAM, in the PO15 postcode district. The below map shows the position of No. 8 on THE TIMBERS.