2, GRANARY YARD, LAWRENCE WRIGHT PASSAGE, ALRESFORD, SO24 9ED - £270,000

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 GRANARY YARD is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £304,818. It was last sold for £270,000 in May 2020, which was around 60% below the average May 2020 detached price in the Winchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

2 GRANARY YARD Sold Prices

Land registry data shows four sales for 2 GRANARY YARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the four 2 GRANARY YARD 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 27 MAY	£270,000	£682,275	60% below HPI
2016 4 AUG	£240,000	£636,740	62% below HPI
2011 15 APR	£165,000	£474,011	65% below HPI
2002 25 OCT	£165,000	£356,257	54% below HPI

2 GRANARY YARD 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 four 2 GRANARY YARD sales between October 2002 and May 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 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the May 2020 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 2 GRANARY YARD be worth now?

2 GRANARY YARD might now be worth an estimated £304,818.

This is based on house price inflation of 12.9%, between May 2020 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 12.9% inflationary increase is applied to the most recent sale price for 2 GRANARY YARD of £270,000 on 27th May 2020. For the value to have increased from £270,000 to £304,818 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 2 GRANARY YARD has moved in line with the HPI for detached houses in the Winchester local authority area.
• The May 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRANARY YARD has not materially changed since May 2020.

How Large is 2 GRANARY YARD?

2 GRANARY YARD is 76m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 GRANARY YARD lies on this distribution: 8% of detached houses houses are smaller than 2 GRANARY YARD, and 91% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

2 GRANARY YARD: Plot and Title Map

2 GRANARY YARD sits on a plot of roughly 0.010 of an acre, or 39m². The below map shows the location of 2 GRANARY YARD, 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 GRANARY YARD). 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 GRANARY YARD?

2 GRANARY YARD is located on LAWRENCE WRIGHT PASSAGE in ALRESFORD, in the SO24 postcode district. The below map shows the position of 2 GRANARY YARD on LAWRENCE WRIGHT PASSAGE.