42, CHERRY WAY, ALTON, GU34 2AX - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

42 CHERRY WAY is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £495,000 in January 2017, which was around 11% below the average January 2017 detached price in the East Hampshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

42 CHERRY WAY Sold Prices

Land registry data shows two sales for 42 CHERRY WAY 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 42 CHERRY WAY 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
2017 26 JAN	£495,000	£559,112	11% below HPI
2014 26 MAR	£335,000	£437,210	23% below HPI

42 CHERRY WAY 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 42 CHERRY WAY sales from March 2014 and January 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2017 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 42 CHERRY WAY?

42 CHERRY WAY is 92m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Alton, based on EPC data. The below chart shows the distribution of detached houses by size in Alton, and where 42 CHERRY WAY lies on this distribution: 14% of detached houses are smaller than 42 CHERRY WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Alton.

42 CHERRY WAY: Plot and Title Map

42 CHERRY WAY sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 42 CHERRY WAY, 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 42 CHERRY WAY). 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 42 CHERRY WAY?

42 CHERRY WAY is located in ALTON, in the GU34 postcode district. The below map shows the position of No. 42 on CHERRY WAY.