1, THE RIDINGS, WALTHAM CHASE, SOUTHAMPTON, SO32 2TR - £529,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE RIDINGS is a small detached house of 98m², built sometime between 2007 and 2011, which could now be worth an estimated £527,426. It was last sold for £529,500 in September 2024, which was around 32% below the average September 2024 detached price in the Winchester local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

1 THE RIDINGS Sold Prices

Land registry data shows two sales for 1 THE RIDINGS 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 THE RIDINGS 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
2024 18 SEP	£529,500	£773,287	32% below HPI
2006 30 AUG	£300,000	£430,327	30% below HPI

1 THE RIDINGS 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 THE RIDINGS sales from August 2006 and September 2024 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 THE RIDINGS be worth now?

1 THE RIDINGS might now be worth an estimated £527,426.

This is based on house price deflation of 0.4%, between September 2024 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 0.4% deflationary decrease is applied to the most recent sale price for 1 THE RIDINGS of £529,500 on 18th September 2024. For the value to have decreased from £529,500 to £527,426 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 1 THE RIDINGS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The September 2024 sale price of £529,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE RIDINGS has not materially changed since September 2024.

How Large is 1 THE RIDINGS?

1 THE RIDINGS is 98m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where 1 THE RIDINGS lies on this distribution: 23% of detached houses houses are smaller than 1 THE RIDINGS, and 76% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

1 THE RIDINGS: Plot and Title Map

1 THE RIDINGS sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

1 THE RIDINGS is located in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of No. 1 on THE RIDINGS.