2, MAY COTTAGE, CHERITON, ALRESFORD, SO24 0PR - £475,000

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

2 MAY COTTAGE is a very small extended semi-detached house of 91m², built sometime between 1900 and 1929. It was last sold for £475,000 in January 2010, which was around 4% above the average January 2010 detached price in the Winchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

2 MAY COTTAGE Sold Prices

Land registry data shows four sales for 2 MAY COTTAGE 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. Most of the four 2 MAY COTTAGE 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
2010 20 JAN	£475,000	£454,886	4% above HPI
2005 13 OCT	£322,000	£412,538	22% below HPI
2003 29 OCT	£345,000	£372,206	7% below HPI
1998 25 JUN	£159,000	£183,009	13% below HPI

2 MAY COTTAGE 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 MAY COTTAGE sales between June 1998 and January 2010 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 October 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2010 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 MAY COTTAGE?

2 MAY COTTAGE is 91m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 10% of detached houses in Cheriton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheriton, and where 2 MAY COTTAGE lies on this distribution: 6% of detached houses are smaller than 2 MAY COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cheriton.

2 MAY COTTAGE: Plot and Title Map

2 MAY COTTAGE sits on a plot of roughly 0.239 of an acre, or 968m². The below map shows the location of 2 MAY COTTAGE, 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 MAY COTTAGE). 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 MAY COTTAGE?

2 MAY COTTAGE is located in CHERITON, in the SO24 postcode district. The below map shows the position of No. 2 on MAY COTTAGE.