2, OAKWOOD CLOSE, OTTERBOURNE, WINCHESTER, SO21 2EB - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 OAKWOOD CLOSE is a small extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £330,000 in March 2021, which was around 50% below the average March 2021 detached price in the Winchester local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

2 OAKWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 OAKWOOD 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 2 OAKWOOD 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
2021 8 MAR	£330,000	£664,172	50% below HPI
2014 7 MAY	£419,000	£523,822	20% below HPI

2 OAKWOOD 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 2 OAKWOOD CLOSE sales from May 2014 and March 2021 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 May 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 2 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Otterbourne, and where 2 OAKWOOD CLOSE lies on this distribution: 35% of detached houses are smaller than 2 OAKWOOD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

2 OAKWOOD CLOSE: Plot and Title Map

2 OAKWOOD CLOSE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 2 OAKWOOD 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 OAKWOOD 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 OAKWOOD CLOSE?

2 OAKWOOD CLOSE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 2 on OAKWOOD CLOSE.