2, CEDAR CLOSE, KINGS WORTHY, WINCHESTER, SO23 7NN - £338,500

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.

2 CEDAR CLOSE is a very small extended semi-detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £406,849. It was last sold for £338,500 in June 2020, which was around 17% below the average June 2020 semi-detached price in the Winchester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

2 CEDAR CLOSE Sold Prices

Land registry data shows five sales for 2 CEDAR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. All of the five 2 CEDAR 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
2020 9 JUN	£338,500	£406,048	17% below HPI
2016 23 AUG	£330,000	£389,720	15% below HPI
2004 25 AUG	£157,000	£243,650	36% below HPI
2001 5 JUL	£126,950	£159,278	20% below HPI
1996 29 MAR	£67,500	£82,870	19% below HPI

2 CEDAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The five 2 CEDAR CLOSE sales between March 1996 and June 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 August 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 CEDAR CLOSE be worth now?

2 CEDAR CLOSE might now be worth an estimated £406,849.

This is based on house price inflation of 20.2%, between June 2020 and February 2025, for semi-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 20.2% inflationary increase is applied to the most recent sale price for 2 CEDAR CLOSE of £338,500 on 9th June 2020. For the value to have increased from £338,500 to £406,849 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 2 CEDAR CLOSE has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The June 2020 sale price of £338,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CEDAR CLOSE has not materially changed since June 2020.

How Large is 2 CEDAR CLOSE?

2 CEDAR CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Springvale, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Springvale, and where 2 CEDAR CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 2 CEDAR CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Springvale.

2 CEDAR CLOSE: Plot and Title Map

2 CEDAR CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR CLOSE?

2 CEDAR CLOSE is located in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of No. 2 on CEDAR CLOSE.