3, MEADOW CLOSE, ALRESFORD, SO24 9LA - £399,950

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.

3 MEADOW CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £471,888. It was last sold for £399,950 in December 2016, which was around 38% below the average December 2016 detached price in the Winchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

3 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 3 MEADOW CLOSE 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 MEADOW CLOSE 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
2016 2 DEC	£399,950	£649,342	38% below HPI
1998 13 MAR	£110,000	£186,571	41% below HPI

3 MEADOW CLOSE 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 MEADOW CLOSE sales from March 1998 and December 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 3 MEADOW CLOSE be worth now?

3 MEADOW CLOSE might now be worth an estimated £471,888.

This is based on house price inflation of 18%, between December 2016 and March 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 18% inflationary increase is applied to the most recent sale price for 3 MEADOW CLOSE of £399,950 on 2nd December 2016. For the value to have increased from £399,950 to £471,888 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 3 MEADOW CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2016 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW CLOSE has not materially changed since December 2016.

How Large is 3 MEADOW CLOSE?

3 MEADOW CLOSE is 78m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Alresford, and where 3 MEADOW CLOSE lies on this distribution: 11% of detached houses houses are smaller than 3 MEADOW CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

3 MEADOW CLOSE: Plot and Title Map

3 MEADOW CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 3 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE?

3 MEADOW CLOSE is located in ALRESFORD, in the SO24 postcode district. The below map shows the position of No. 3 on MEADOW CLOSE.