TIMBERS, MOAT LANE, FORDWICH, CANTERBURY, CT2 0DP - £1,000,000

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

TIMBERS is a very large extended detached house of 265m², built sometime between 1967 and 1975. It was last sold for £1,000,000 in January 2023, which was around 85% above the average January 2023 detached price in the Canterbury local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

TIMBERS Sold Prices

Land registry data shows three sales for 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 Canterbury local authority area for the corresponding sale date. All of the three TIMBERS sales were for above 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
2023 19 JAN	£1,000,000	£539,380	85% above HPI
2013 12 APR	£700,000	£307,020	128% above HPI
2011 1 NOV	£540,000	£300,124	80% above HPI

TIMBERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The three TIMBERS sales between November 2011 and January 2023 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 April 2013 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the January 2023 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is TIMBERS?

TIMBERS is 265m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Fordwich, based on EPC data. The below chart shows the distribution of detached houses by size in Fordwich, and where TIMBERS lies on this distribution: 94% of detached houses are smaller than TIMBERS, and 6% of houses are larger. Note that EPC data is not available for all properties in Fordwich.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.556 of an acre, or 2,250m². 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 MOAT LANE in FORDWICH, in the CT2 postcode district. The below map shows the position of TIMBERS on MOAT LANE.