1, FRIARS OAK, MEDSTEAD, ALTON, GU34 5EU - £607,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 FRIARS OAK is a small detached house of 144m², built sometime between 2003 and 2006. It was last sold for £607,500 in June 2023, which was around 7% below the average June 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

1 FRIARS OAK Sold Prices

Land registry data shows five sales for 1 FRIARS OAK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Most of the five 1 FRIARS OAK 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
2023 21 JUN	£607,500	£649,857	7% below HPI
2022 31 OCT	£632,500	£688,438	8% below HPI
2018 11 SEP	£550,000	£568,439	3% below HPI
2008 9 MAY	£465,000	£390,004	19% above HPI
2004 30 SEP	£444,950	£334,564	33% above HPI

1 FRIARS OAK Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The five 1 FRIARS OAK sales between September 2004 and June 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 October 2022 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 FRIARS OAK?

1 FRIARS OAK is 144m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where 1 FRIARS OAK lies on this distribution: 38% of detached houses are smaller than 1 FRIARS OAK, and 61% of houses are larger. Note that EPC data is not available for all properties in Medstead.

1 FRIARS OAK: Plot and Title Map

1 FRIARS OAK sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 FRIARS OAK, 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 1 FRIARS OAK). 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 1 FRIARS OAK?

1 FRIARS OAK is located in MEDSTEAD, in the GU34 postcode district. The below map shows the position of No. 1 on FRIARS OAK.