TIMBERS, RED BARN LANE, FAREHAM, PO16 7UT - £134,500

TIMBERS is a large extended detached house of 134m², built sometime between 1967 and 1975. It was last sold for £134,500 in September 1999, which was around 6% below the average September 1999 detached price in the Fareham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

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 Fareham local authority area for the corresponding sale date. Both of the two TIMBERS 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
1999 1 SEP	£134,500	£142,940	6% below HPI
1998 21 AUG	£120,000	£130,132	8% below HPI

TIMBERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two TIMBERS sales from August 1998 and September 1999 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 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 1999 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is TIMBERS?

TIMBERS is 134m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses in Fareham, based on EPC data. The below chart shows the distribution of detached houses by size in Fareham, and where TIMBERS lies on this distribution: 65% of detached houses are smaller than TIMBERS, and 34% of houses are larger. Note that EPC data is not available for all properties in Fareham.

TIMBERS: Plot and Title Map

TIMBERS sits on a plot of roughly 0.220 of an acre, or 891m². 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 RED BARN LANE in FAREHAM, in the PO16 postcode district. The below map shows the position of TIMBERS on RED BARN LANE.