21, MARKALL CLOSE, CHERITON, ALRESFORD, SO24 0QF - £445,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

21 MARKALL CLOSE is a small extended detached house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £621,408. It was last sold for £445,000 in September 2014, which was around 22% below the average September 2014 detached price in the Winchester local authority area. The most recent EPC inspection was December 2024, where the current energy rating was B, and the potential energy rating was A.

21 MARKALL CLOSE Sold Prices

Land registry data shows three sales for 21 MARKALL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three 21 MARKALL 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
2014 29 SEP	£445,000	£572,337	22% below HPI
2010 5 NOV	£325,000	£477,576	32% below HPI
1997 9 MAY	£114,000	£154,170	26% below HPI

21 MARKALL 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 three 21 MARKALL CLOSE sales between May 1997 and September 2014 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 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 21 MARKALL CLOSE be worth now?

21 MARKALL CLOSE might now be worth an estimated £621,408.

This is based on house price inflation of 39.6%, between September 2014 and December 2024, 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 39.6% inflationary increase is applied to the most recent sale price for 21 MARKALL CLOSE of £445,000 on 29th September 2014. For the value to have increased from £445,000 to £621,408 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 21 MARKALL CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The September 2014 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MARKALL CLOSE has not materially changed since September 2014.

How Large is 21 MARKALL CLOSE?

21 MARKALL CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the smallest 40% of detached houses houses in Cheriton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheriton, and where 21 MARKALL CLOSE lies on this distribution: 38% of detached houses houses are smaller than 21 MARKALL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cheriton.

21 MARKALL CLOSE: Plot and Title Map

21 MARKALL CLOSE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 21 MARKALL 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 21 MARKALL 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 21 MARKALL CLOSE?

21 MARKALL CLOSE is located in CHERITON, in the SO24 postcode district. The below map shows the position of No. 21 on MARKALL CLOSE.