TIMBRELS, PIPEHOUSE LANE, FRESHFORD, BATH, BA2 7UH - £540,000

TIMBRELS is a very small detached house of 108m², built sometime between 1950 and 1966. It was last sold for £540,000 in December 2013, which was around 30% above the average December 2013 detached price in the Bath and North East Somerset local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

TIMBRELS Sold Prices

Land registry data shows two sales for TIMBRELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bath and North East Somerset local authority area for the corresponding sale date. One of the two TIMBRELS 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
2013 2 DEC	£540,000	£416,538	30% above HPI
2008 18 APR	£360,000	£386,009	7% below HPI

TIMBRELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bath and North East Somerset local authority area over time, sourced from the HPI. The two TIMBRELS sales from April 2008 and December 2013 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 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2013 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is TIMBRELS?

TIMBRELS is 108m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Freshford, based on EPC data. The below chart shows the distribution of detached houses by size in Freshford, and where TIMBRELS lies on this distribution: 20% of detached houses are smaller than TIMBRELS, and 80% of houses are larger. Note that EPC data is not available for all properties in Freshford.

TIMBRELS: Plot and Title Map

TIMBRELS sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of TIMBRELS, 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 TIMBRELS). 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 TIMBRELS?

TIMBRELS is located on PIPEHOUSE LANE in FRESHFORD, in the BA2 postcode district. The below map shows the position of TIMBRELS on PIPEHOUSE LANE.