LIMA, UPPER STREET, FLEET, GU51 3PE - £227,000

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

LIMA is a very small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £227,000 in June 2005, which was around 38% below the average June 2005 detached price in the Hart local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

LIMA Sold Prices

Land registry data shows two sales for LIMA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Both of the two LIMA 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
2005 17 JUN	£227,000	£363,502	38% below HPI
2004 6 AUG	£289,950	£363,616	20% below HPI

LIMA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The two LIMA sales from August 2004 and June 2005 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2005 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is LIMA?

LIMA is 89m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where LIMA lies on this distribution: 11% of detached houses are smaller than LIMA, and 89% of houses are larger. Note that EPC data is not available for all properties in Fleet.

LIMA: Plot and Title Map

LIMA sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of LIMA, 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 LIMA). 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 LIMA?

LIMA is located on UPPER STREET in FLEET, in the GU51 postcode district. The below map shows the position of LIMA on UPPER STREET.