3, COLES MEDE, OTTERBOURNE, WINCHESTER, SO21 2EG - £475,000

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

3 COLES MEDE is a very small semi-detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £557,746. It was last sold for £475,000 in April 2021, which was around 14% above the average April 2021 semi-detached price in the Winchester local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

3 COLES MEDE Sold Prices

Land registry data shows three sales for 3 COLES MEDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. One of the three 3 COLES MEDE sales was for above the average price, whilst two 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
2021 19 APR	£475,000	£415,632	14% above HPI
2013 4 SEP	£250,000	£312,119	20% below HPI
2003 30 JUL	£160,000	£224,031	29% below HPI

3 COLES MEDE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The three 3 COLES MEDE sales between July 2003 and April 2021 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 September 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 COLES MEDE be worth now?

3 COLES MEDE might now be worth an estimated £557,746.

This is based on house price inflation of 17.4%, between April 2021 and February 2025, for semi-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 17.4% inflationary increase is applied to the most recent sale price for 3 COLES MEDE of £475,000 on 19th April 2021. For the value to have increased from £475,000 to £557,746 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 3 COLES MEDE has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The April 2021 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COLES MEDE has not materially changed since April 2021.

How Large is 3 COLES MEDE?

3 COLES MEDE is 77m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of semi-detached houses houses in Otterbourne, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Otterbourne, and where 3 COLES MEDE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 COLES MEDE, and 97% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

3 COLES MEDE: Plot and Title Map

3 COLES MEDE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 3 COLES MEDE, 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 3 COLES MEDE). 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 3 COLES MEDE?

3 COLES MEDE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 3 on COLES MEDE.