38, CHASE GROVE, WALTHAM CHASE, SOUTHAMPTON, SO32 2LF - £597,500

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

38 CHASE GROVE is a midsized detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £600,441. It was last sold for £597,500 in October 2022, which was around 25% below the average October 2022 detached price in the Winchester local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

38 CHASE GROVE Sold Prices

Land registry data shows three sales for 38 CHASE GROVE 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 38 CHASE GROVE 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
2022 28 OCT	£597,500	£795,309	25% below HPI
2008 30 JUN	£460,000	£469,446	2% below HPI
2001 12 JUL	£240,000	£278,267	14% below HPI

38 CHASE GROVE 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 38 CHASE GROVE sales between July 2001 and October 2022 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 June 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 38 CHASE GROVE be worth now?

38 CHASE GROVE might now be worth an estimated £600,441.

This is based on house price inflation of 0.5%, between October 2022 and December 2024, 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 0.5% inflationary increase is applied to the most recent sale price for 38 CHASE GROVE of £597,500 on 28th October 2022. For the value to have increased from £597,500 to £600,441 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 38 CHASE GROVE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2022 sale price of £597,500 represented a fair market value for the property.
• The size, condition, and specification of 38 CHASE GROVE has not materially changed since October 2022.

How Large is 38 CHASE GROVE?

38 CHASE GROVE is 125m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where 38 CHASE GROVE lies on this distribution: 48% of detached houses houses are smaller than 38 CHASE GROVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

38 CHASE GROVE: Plot and Title Map

38 CHASE GROVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 38 CHASE GROVE, 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 38 CHASE GROVE). 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 38 CHASE GROVE?

38 CHASE GROVE is located in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of No. 38 on CHASE GROVE.