2, RICHMOND PARK, OTTERBOURNE, WINCHESTER, SO21 2DJ - £638,000

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 RICHMOND PARK is a midsized extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £733,574. It was last sold for £638,000 in December 2019, which was around 5% below the average December 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 RICHMOND PARK Sold Prices

Land registry data shows four sales for 2 RICHMOND PARK 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. Two of the four 2 RICHMOND PARK sales were for below the average price, whilst one was for above 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 10 DEC	£638,000	£669,905	5% below HPI
2016 11 MAR	£595,000	£646,079	8% below HPI
2001 15 NOV	£305,000	£305,780	Close to HPI
1999 23 APR	£230,000	£194,102	18% above HPI

2 RICHMOND PARK 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 RICHMOND PARK sales between April 1999 and December 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 March 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 RICHMOND PARK be worth now?

2 RICHMOND PARK might now be worth an estimated £733,574.

This is based on house price inflation of 15%, between December 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% inflationary increase is applied to the most recent sale price for 2 RICHMOND PARK of £638,000 on 10th December 2019. For the value to have increased from £638,000 to £733,574 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 RICHMOND PARK has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2019 sale price of £638,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RICHMOND PARK has not materially changed since December 2019.

How Large is 2 RICHMOND PARK?

2 RICHMOND PARK is 161m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterbourne, and where 2 RICHMOND PARK lies on this distribution: 51% of detached houses houses are smaller than 2 RICHMOND PARK, and 49% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

2 RICHMOND PARK: Plot and Title Map

2 RICHMOND PARK sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 2 RICHMOND PARK, 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 RICHMOND PARK). 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 RICHMOND PARK?

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