2, OLIVET VILLAS, WINCHESTER ROAD, WALTHAM CHASE, SOUTHAMPTON, SO32 2NA - £115,000

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 OLIVET VILLAS is a very small extended semi-detached house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £302,476. It was last sold for £115,000 in May 2002, which was around 38% below the average May 2002 semi-detached price in the Winchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

2 OLIVET VILLAS Sold Prices

Land registry data shows two sales for 2 OLIVET VILLAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. Both of the two 2 OLIVET VILLAS 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
2002 13 MAY	£115,000	£185,549	38% below HPI
1999 6 AUG	£68,000	£121,913	44% below HPI

2 OLIVET VILLAS 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 two 2 OLIVET VILLAS sales from August 1999 and May 2002 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 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2002 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 OLIVET VILLAS be worth now?

2 OLIVET VILLAS might now be worth an estimated £302,476.

This is based on house price inflation of 163%, between May 2002 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 163% inflationary increase is applied to the most recent sale price for 2 OLIVET VILLAS of £115,000 on 13th May 2002. For the value to have increased from £115,000 to £302,476 over the 23 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 OLIVET VILLAS has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The May 2002 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLIVET VILLAS has not materially changed since May 2002.

How Large is 2 OLIVET VILLAS?

2 OLIVET VILLAS is 81m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Waltham Chase, and where 2 OLIVET VILLAS lies on this distribution: 8% of semi-detached houses houses are smaller than 2 OLIVET VILLAS, and 91% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

2 OLIVET VILLAS: Plot and Title Map

2 OLIVET VILLAS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 OLIVET VILLAS, 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 OLIVET VILLAS). 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 OLIVET VILLAS?

2 OLIVET VILLAS is located on WINCHESTER ROAD in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of 2 OLIVET VILLAS on WINCHESTER ROAD.