2, ELM ROAD, ALRESFORD, SO24 9JX - £407,500

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 ELM ROAD is a very small extended detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £470,158. It was last sold for £407,500 in July 2019, which was around 39% below the average July 2019 detached price in the Winchester local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

2 ELM ROAD Sold Prices

Land registry data shows two sales for 2 ELM ROAD 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 2 ELM ROAD 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
2019 29 JUL	£407,500	£667,606	39% below HPI
2002 19 JUN	£190,000	£327,258	42% below HPI

2 ELM ROAD 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 2 ELM ROAD sales from June 2002 and July 2019 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 June 2002 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2019 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 2 ELM ROAD be worth now?

2 ELM ROAD might now be worth an estimated £470,158.

This is based on house price inflation of 15.4%, between July 2019 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 15.4% inflationary increase is applied to the most recent sale price for 2 ELM ROAD of £407,500 on 29th July 2019. For the value to have increased from £407,500 to £470,158 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 2 ELM ROAD has moved in line with the HPI for detached houses in the Winchester local authority area.
• The July 2019 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM ROAD has not materially changed since July 2019.

How Large is 2 ELM ROAD?

2 ELM ROAD is 87m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Alresford, and where 2 ELM ROAD lies on this distribution: 20% of detached houses houses are smaller than 2 ELM ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

2 ELM ROAD: Plot and Title Map

2 ELM ROAD sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 2 ELM ROAD, 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 ELM ROAD). 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 ELM ROAD?

2 ELM ROAD is located in ALRESFORD, in the SO24 postcode district. The below map shows the position of No. 2 on ELM ROAD.