17, MARKALL CLOSE, CHERITON, ALRESFORD, SO24 0QF - £642,500

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

17 MARKALL CLOSE is a midsized extended detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £687,373. It was last sold for £642,500 in January 2022, which was around 14% below the average January 2022 detached price in the Winchester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

17 MARKALL CLOSE Sold Prices

Land registry data shows two sales for 17 MARKALL CLOSE 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 17 MARKALL CLOSE 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
2022 28 JAN	£642,500	£747,049	14% below HPI
2011 29 JUL	£345,000	£481,948	28% below HPI

17 MARKALL CLOSE 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 17 MARKALL CLOSE sales from July 2011 and January 2022 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 July 2011 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 17 MARKALL CLOSE be worth now?

17 MARKALL CLOSE might now be worth an estimated £687,373.

This is based on house price inflation of 7%, between January 2022 and December 2024, 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 7% inflationary increase is applied to the most recent sale price for 17 MARKALL CLOSE of £642,500 on 28th January 2022. For the value to have increased from £642,500 to £687,373 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 17 MARKALL CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The January 2022 sale price of £642,500 represented a fair market value for the property.
• The size, condition, and specification of 17 MARKALL CLOSE has not materially changed since January 2022.

How Large is 17 MARKALL CLOSE?

17 MARKALL CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in Cheriton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton, and where 17 MARKALL CLOSE lies on this distribution: 45% of detached houses houses are smaller than 17 MARKALL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Cheriton.

17 MARKALL CLOSE: Plot and Title Map

17 MARKALL CLOSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 17 MARKALL CLOSE, 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 17 MARKALL CLOSE). 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 17 MARKALL CLOSE?

17 MARKALL CLOSE is located in CHERITON, in the SO24 postcode district. The below map shows the position of No. 17 on MARKALL CLOSE.