24, RANCES WAY, WINCHESTER, SO22 4PN - £340,000

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

24 RANCES WAY is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £340,000 in May 2019, which was around 49% below the average May 2019 detached price in the Winchester local authority area. The most recent EPC inspection was December 2018, where the current energy rating was B, and the potential energy rating was B.

24 RANCES WAY Sold Prices

Land registry data shows three sales for 24 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 24 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
2019 9 MAY	£340,000	£660,345	49% below HPI
2014 1 AUG	£313,000	£557,982	44% below HPI
2006 3 MAR	£231,000	£412,983	44% below HPI

24 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 24 RANCES WAY sales between March 2006 and May 2019 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 August 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 24 RANCES WAY?

24 RANCES WAY is 81m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where 24 RANCES WAY lies on this distribution: 5% of detached houses are smaller than 24 RANCES WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Winchester.

24 RANCES WAY: Plot and Title Map

24 RANCES WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 24 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 24 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 24 RANCES WAY?

24 RANCES WAY is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 24 on RANCES WAY.