3, LABURNUM DRIVE, KINGS WORTHY, WINCHESTER, SO23 7LR - £645,000

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

3 LABURNUM DRIVE is a midsized extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £645,000 in July 2016, which was around 5% above the average July 2016 detached price in the Winchester local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 LABURNUM DRIVE Sold Prices

Land registry data shows two sales for 3 LABURNUM DRIVE 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 3 LABURNUM DRIVE sales were for above 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
2016 27 JUL	£645,000	£611,442	5% above HPI
1999 12 MAR	£218,000	£199,352	9% above HPI

3 LABURNUM DRIVE 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 3 LABURNUM DRIVE sales from March 1999 and July 2016 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 March 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 LABURNUM DRIVE?

3 LABURNUM DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 50% of detached houses in Springvale, based on EPC data. The below chart shows the distribution of detached houses by size in Springvale, and where 3 LABURNUM DRIVE lies on this distribution: 58% of detached houses are smaller than 3 LABURNUM DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Springvale.

3 LABURNUM DRIVE: Plot and Title Map

3 LABURNUM DRIVE sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 3 LABURNUM DRIVE, 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 LABURNUM DRIVE). 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 LABURNUM DRIVE?

3 LABURNUM DRIVE is located in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of No. 3 on LABURNUM DRIVE.