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

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.

LIMA is a very small extended detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £464,225. It was last sold for £227,000 in June 2005, which was around 40% 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	£377,404	40% below HPI
2004 6 AUG	£289,950	£377,522	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2005 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might LIMA be worth now?

LIMA might now be worth an estimated £464,225.

This is based on house price inflation of 104.5%, between June 2005 and February 2025, for 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 104.5% inflationary increase is applied to the most recent sale price for LIMA of £227,000 on 17th June 2005. For the value to have increased from £227,000 to £464,225 over the twenty years and four months to February 2025, the following assumptions must hold true:

• The value of LIMA has moved in line with the HPI for detached houses in the Hart local authority area.
• The June 2005 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of LIMA has not materially changed since June 2005.

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 houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fleet, and where LIMA lies on this distribution: 11% of detached houses 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.