22, RANCES WAY, WINCHESTER, SO22 4PN - £330,000

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.

22 RANCES WAY is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £435,048. It was last sold for £330,000 in October 2014, which was around 44% below the average October 2014 detached price in the Winchester local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

22 RANCES WAY Sold Prices

Land registry data shows three sales for 22 RANCES WAY 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 22 RANCES WAY 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 24 OCT	£330,000	£584,269	44% below HPI
2005 29 JUL	£205,000	£412,679	50% below HPI
2002 22 AUG	£183,000	£332,671	45% below HPI

22 RANCES WAY 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 22 RANCES WAY sales between August 2002 and October 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 July 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2014 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 22 RANCES WAY be worth now?

22 RANCES WAY might now be worth an estimated £435,048.

This is based on house price inflation of 31.8%, between October 2014 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 31.8% inflationary increase is applied to the most recent sale price for 22 RANCES WAY of £330,000 on 24th October 2014. For the value to have increased from £330,000 to £435,048 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 RANCES WAY has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RANCES WAY has not materially changed since October 2014.

How Large is 22 RANCES WAY?

22 RANCES WAY is 78m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchester, and where 22 RANCES WAY lies on this distribution: 3% of detached houses houses are smaller than 22 RANCES WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Winchester.

22 RANCES WAY: Plot and Title Map

22 RANCES WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 22 RANCES WAY, 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 22 RANCES WAY). 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 22 RANCES WAY?

22 RANCES WAY is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 22 on RANCES WAY.