1, LAKE DRIVE, WINCHESTER, SO22 4PB - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 LAKE DRIVE is a small detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £718,101. It was last sold for £470,000 in October 2013, which was around 7% below the average October 2013 detached price in the Winchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

1 LAKE DRIVE Sold Prices

Land registry data shows two sales for 1 LAKE DRIVE 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. Both of the two 1 LAKE DRIVE 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
2013 9 OCT	£470,000	£504,137	7% below HPI
2001 9 AUG	£262,000	£285,411	8% below HPI

1 LAKE DRIVE 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 1 LAKE DRIVE sales from August 2001 and October 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 August 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 1 LAKE DRIVE be worth now?

1 LAKE DRIVE might now be worth an estimated £718,101.

This is based on house price inflation of 52.8%, between October 2013 and February 2025, 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 52.8% inflationary increase is applied to the most recent sale price for 1 LAKE DRIVE of £470,000 on 9th October 2013. For the value to have increased from £470,000 to £718,101 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 LAKE DRIVE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2013 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAKE DRIVE has not materially changed since October 2013.

How Large is 1 LAKE DRIVE?

1 LAKE DRIVE is 125m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchester, and where 1 LAKE DRIVE lies on this distribution: 35% of detached houses houses are smaller than 1 LAKE DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Winchester.

1 LAKE DRIVE: Plot and Title Map

1 LAKE DRIVE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 1 LAKE DRIVE, 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 LAKE DRIVE). 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 LAKE DRIVE?

1 LAKE DRIVE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 1 on LAKE DRIVE.