22, THE RIDINGS, WALTHAM CHASE, SOUTHAMPTON, SO32 2TS - £558,000

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

22 THE RIDINGS is a small detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £560,747. It was last sold for £558,000 in October 2022, which was around 30% below the average October 2022 detached price in the Winchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

22 THE RIDINGS Sold Prices

Land registry data shows two sales for 22 THE RIDINGS 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 22 THE RIDINGS 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
2022 26 OCT	£558,000	£795,309	30% below HPI
2014 20 FEB	£357,500	£541,073	34% below HPI

22 THE RIDINGS 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 22 THE RIDINGS sales from February 2014 and October 2022 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 February 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 22 THE RIDINGS be worth now?

22 THE RIDINGS might now be worth an estimated £560,747.

This is based on house price inflation of 0.5%, between October 2022 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 0.5% inflationary increase is applied to the most recent sale price for 22 THE RIDINGS of £558,000 on 26th October 2022. For the value to have increased from £558,000 to £560,747 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 22 THE RIDINGS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2022 sale price of £558,000 represented a fair market value for the property.
• The size, condition, and specification of 22 THE RIDINGS has not materially changed since October 2022.

How Large is 22 THE RIDINGS?

22 THE RIDINGS is 114m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where 22 THE RIDINGS lies on this distribution: 37% of detached houses houses are smaller than 22 THE RIDINGS, and 62% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

22 THE RIDINGS: Plot and Title Map

22 THE RIDINGS sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 22 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

22 THE RIDINGS is located in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of No. 22 on THE RIDINGS.