Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
14 TEST RISE is a large extended detached house of 183m², built sometime between 1967 and 1975. It was last sold for £525,000 in November 2020, which was around 3% below the average November 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 14 TEST RISE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Most of the four 14 TEST RISE sales were for above 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 |
---|---|---|---|
2020 5 NOV | £525,000 | £543,500 | 3% below HPI |
2008 27 OCT | £375,000 | £358,464 | 5% above HPI |
2001 28 SEP | £245,000 | £232,078 | 6% above HPI |
1996 21 MAR | £139,000 | £116,468 | 19% above HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 14 TEST RISE sales between March 1996 and November 2020 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 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
14 TEST RISE is 183m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Chilbolton, based on EPC data. The below chart shows the distribution of detached houses by size in Chilbolton, and where 14 TEST RISE lies on this distribution: 60% of detached houses are smaller than 14 TEST RISE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chilbolton.
14 TEST RISE sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 14 TEST RISE, 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 14 TEST RISE). 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.
14 TEST RISE is located in CHILBOLTON, in the SO20 postcode district. The below map shows the position of No. 14 on TEST RISE.