2, SMITHY COTTAGES, BULL LANE, WALTHAM CHASE, SOUTHAMPTON, SO32 2LS - £322,500

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 SMITHY COTTAGES is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £322,500 in May 2016, which was around 47% below the average May 2016 detached price in the Winchester local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

2 SMITHY COTTAGES Sold Prices

Land registry data shows two sales for 2 SMITHY COTTAGES 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 SMITHY COTTAGES 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
2016 27 MAY	£322,500	£609,038	47% below HPI
2009 6 MAR	£246,250	£379,458	35% below HPI

2 SMITHY COTTAGES 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 SMITHY COTTAGES sales from March 2009 and May 2016 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 2009 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 SMITHY COTTAGES?

2 SMITHY COTTAGES is 77m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Chase, and where 2 SMITHY COTTAGES lies on this distribution: 6% of detached houses are smaller than 2 SMITHY COTTAGES, and 94% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

2 SMITHY COTTAGES: Plot and Title Map

2 SMITHY COTTAGES sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 SMITHY COTTAGES, 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 SMITHY COTTAGES). 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 SMITHY COTTAGES?

2 SMITHY COTTAGES is located on BULL LANE in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of 2 SMITHY COTTAGES on BULL LANE.