TIMBERS, LEE GROUND, FAREHAM, PO15 6RP - £842,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

TIMBERS is a very large extended detached house of 290m², built sometime between 1996 and 2002, which could now be worth an estimated £990,821. It was last sold for £842,500 in November 2019, which was around 24% above the average November 2019 detached price in the Winchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

TIMBERS Sold Prices

Land registry data shows two sales for TIMBERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. One of the two TIMBERS sales was for above the average price, whilst the other was 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
2019 8 NOV	£842,500	£679,584	24% above HPI
2001 30 JAN	£160,000	£267,298	40% below HPI

TIMBERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two TIMBERS sales from January 2001 and November 2019 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 January 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might TIMBERS be worth now?

TIMBERS might now be worth an estimated £990,821.

This is based on house price inflation of 17.6%, between November 2019 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for TIMBERS of £842,500 on 8th November 2019. For the value to have increased from £842,500 to £990,821 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of TIMBERS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The November 2019 sale price of £842,500 represented a fair market value for the property.
• The size, condition, and specification of TIMBERS has not materially changed since November 2019.

How Large is TIMBERS?

TIMBERS is 290m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Whiteley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whiteley, and where TIMBERS lies on this distribution: 99% of detached houses houses are smaller than TIMBERS, and 1% of houses are larger. Note that EPC data is not available for all properties in Whiteley.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 1.2 acres, or 4,857m². The below map shows the location of 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 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 TIMBERS?

TIMBERS is located on LEE GROUND in FAREHAM, in the PO15 postcode district. The below map shows the position of TIMBERS on LEE GROUND.