3, READS FIELD, FOUR MARKS, ALTON, GU34 5XA - £415,000

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 READS FIELD is a very small extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £472,218. It was last sold for £415,000 in March 2020, which was around 32% below the average March 2020 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

3 READS FIELD Sold Prices

Land registry data shows two sales for 3 READS FIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two 3 READS FIELD 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
2020 26 MAR	£415,000	£611,248	32% below HPI
1997 27 NOV	£142,500	£162,282	12% below HPI

3 READS FIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 3 READS FIELD sales from November 1997 and March 2020 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 November 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 READS FIELD be worth now?

3 READS FIELD might now be worth an estimated £472,218.

This is based on house price inflation of 13.8%, between March 2020 and December 2024, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 3 READS FIELD of £415,000 on 26th March 2020. For the value to have increased from £415,000 to £472,218 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 3 READS FIELD has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The March 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 3 READS FIELD has not materially changed since March 2020.

How Large is 3 READS FIELD?

3 READS FIELD is 98m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses houses in Four Marks, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Marks, and where 3 READS FIELD lies on this distribution: 14% of detached houses houses are smaller than 3 READS FIELD, and 85% of houses are larger. Note that EPC data is not available for all properties in Four Marks.

3 READS FIELD: Plot and Title Map

3 READS FIELD sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 READS FIELD, 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 READS FIELD). 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 READS FIELD?

3 READS FIELD is located in FOUR MARKS, in the GU34 postcode district. The below map shows the position of No. 3 on READS FIELD.