16, READS FIELD, FOUR MARKS, ALTON, GU34 5XA - £345,000

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

16 READS FIELD is a small detached house of 109m², built sometime between 1991 and 1995. It was last sold for £345,000 in October 2011, which was around 17% below the average October 2011 detached price in the East Hampshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

16 READS FIELD Sold Prices

Land registry data shows three sales for 16 READS FIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three 16 READS FIELD 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
2011 7 OCT	£345,000	£413,589	17% below HPI
2001 3 AUG	£196,000	£244,742	20% below HPI
1999 8 APR	£146,000	£166,462	12% below HPI

16 READS FIELD 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 three 16 READS FIELD sales between April 1999 and October 2011 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2011 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 READS FIELD?

16 READS FIELD is 109m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses by size in Four Marks, and where 16 READS FIELD lies on this distribution: 21% of detached houses are smaller than 16 READS FIELD, and 78% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

16 READS FIELD: Plot and Title Map

16 READS FIELD sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 16 READS FIELD, 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 16 READS FIELD). 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 16 READS FIELD?

16 READS FIELD is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 16 on READS FIELD.