THE FERNERY, NEW ROAD, TIMSBURY, ROMSEY, SO51 0NL - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FERNERY is a very small extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £485,000 in June 2018, which was around 3% below the average June 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

THE FERNERY Sold Prices

Land registry data shows two sales for THE FERNERY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two THE FERNERY 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
2018 1 JUN	£485,000	£499,971	3% below HPI
2006 31 AUG	£300,000	£337,690	11% below HPI

THE FERNERY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two THE FERNERY sales from August 2006 and June 2018 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE FERNERY?

THE FERNERY is 110m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses by size in Michelmersh, and where THE FERNERY lies on this distribution: 6% of detached houses are smaller than THE FERNERY, and 94% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

THE FERNERY: Plot and Title Map

THE FERNERY sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of THE FERNERY, 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 THE FERNERY). 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 THE FERNERY?

THE FERNERY is located on NEW ROAD in TIMSBURY, in the SO51 postcode district. The below map shows the position of THE FERNERY on NEW ROAD.