2, WESTMINSTER GATE, WINCHESTER, SO22 4LN - £1,050,000

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 WESTMINSTER GATE is a midsized extended detached house of 156m², built sometime between 1983 and 1990. It was last sold for £1,050,000 in August 2023, which was around 40% above the average August 2023 detached price in the Winchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

2 WESTMINSTER GATE Sold Prices

Land registry data shows two sales for 2 WESTMINSTER GATE 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 WESTMINSTER GATE sales were 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
2023 24 AUG	£1,050,000	£748,544	40% above HPI
2002 1 NOV	£565,000	£353,770	60% above HPI

2 WESTMINSTER GATE 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 WESTMINSTER GATE sales from November 2002 and August 2023 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 November 2002 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2023 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 2 WESTMINSTER GATE?

2 WESTMINSTER GATE is 156m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where 2 WESTMINSTER GATE lies on this distribution: 58% of detached houses are smaller than 2 WESTMINSTER GATE, and 42% of houses are larger. Note that EPC data is not available for all properties in Winchester.

2 WESTMINSTER GATE: Plot and Title Map

2 WESTMINSTER GATE sits on a plot of roughly 0.280 of an acre, or 1,133m². The below map shows the location of 2 WESTMINSTER GATE, 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 WESTMINSTER GATE). 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 WESTMINSTER GATE?

2 WESTMINSTER GATE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 2 on WESTMINSTER GATE.