4, ABBOTTS LEA COTTAGES, WORTHY ROAD, WINCHESTER, SO23 7HB - £380,000

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.

4 ABBOTTS LEA COTTAGES is a very small semi-detached house of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £450,327. It was last sold for £380,000 in February 2020, which was around 8% below the average February 2020 semi-detached price in the Winchester local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

4 ABBOTTS LEA COTTAGES Sold Prices

Land registry data shows three sales for 4 ABBOTTS LEA COTTAGES 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 4 ABBOTTS LEA COTTAGES sales was for below the average price, whilst two 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
2020 28 FEB	£380,000	£411,820	8% below HPI
2006 9 JUN	£312,000	£254,839	22% above HPI
2003 30 APR	£273,500	£221,779	23% above HPI

4 ABBOTTS LEA COTTAGES 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 4 ABBOTTS LEA COTTAGES sales between April 2003 and February 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 June 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the February 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 4 ABBOTTS LEA COTTAGES be worth now?

4 ABBOTTS LEA COTTAGES might now be worth an estimated £450,327.

This is based on house price inflation of 18.5%, between February 2020 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 18.5% inflationary increase is applied to the most recent sale price for 4 ABBOTTS LEA COTTAGES of £380,000 on 28th February 2020. For the value to have increased from £380,000 to £450,327 over the five years to February 2025, the following assumptions must hold true:

• The value of 4 ABBOTTS LEA COTTAGES has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The February 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ABBOTTS LEA COTTAGES has not materially changed since February 2020.

How Large is 4 ABBOTTS LEA COTTAGES?

4 ABBOTTS LEA COTTAGES is 94m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of semi-detached houses houses in Winchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Winchester, and where 4 ABBOTTS LEA COTTAGES lies on this distribution: 12% of semi-detached houses houses are smaller than 4 ABBOTTS LEA COTTAGES, and 87% of houses are larger. Note that EPC data is not available for all properties in Winchester.

4 ABBOTTS LEA COTTAGES: Plot and Title Map

4 ABBOTTS LEA COTTAGES sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 4 ABBOTTS LEA COTTAGES, 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 4 ABBOTTS LEA COTTAGES). 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 4 ABBOTTS LEA COTTAGES?

4 ABBOTTS LEA COTTAGES is located on WORTHY ROAD in WINCHESTER, in the SO23 postcode district. The below map shows the position of 4 ABBOTTS LEA COTTAGES on WORTHY ROAD.