56, CRANBOURNE DRIVE, OTTERBOURNE, WINCHESTER, SO21 2EU - £645,000

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.

56 CRANBOURNE DRIVE is a very large extended detached house of 213m², built sometime between 1991 and 1995, which could now be worth an estimated £854,310. It was last sold for £645,000 in March 2015, which was around 11% above the average March 2015 detached price in the Winchester local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was C.

56 CRANBOURNE DRIVE Sold Prices

Land registry data shows three sales for 56 CRANBOURNE DRIVE 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 56 CRANBOURNE DRIVE sales 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
2015 19 MAR	£645,000	£581,541	11% above HPI
2002 5 APR	£365,000	£310,157	18% above HPI
1999 14 APR	£239,950	£194,102	24% above HPI

56 CRANBOURNE DRIVE 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 56 CRANBOURNE DRIVE sales between April 1999 and March 2015 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 April 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 56 CRANBOURNE DRIVE be worth now?

56 CRANBOURNE DRIVE might now be worth an estimated £854,310.

This is based on house price inflation of 32.5%, between March 2015 and February 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 32.5% inflationary increase is applied to the most recent sale price for 56 CRANBOURNE DRIVE of £645,000 on 19th March 2015. For the value to have increased from £645,000 to £854,310 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 56 CRANBOURNE DRIVE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The March 2015 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 56 CRANBOURNE DRIVE has not materially changed since March 2015.

How Large is 56 CRANBOURNE DRIVE?

56 CRANBOURNE DRIVE is 213m², which includes four extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterbourne, and where 56 CRANBOURNE DRIVE lies on this distribution: 89% of detached houses houses are smaller than 56 CRANBOURNE DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

56 CRANBOURNE DRIVE: Plot and Title Map

56 CRANBOURNE DRIVE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 56 CRANBOURNE DRIVE, 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 56 CRANBOURNE DRIVE). 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 56 CRANBOURNE DRIVE?

56 CRANBOURNE DRIVE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 56 on CRANBOURNE DRIVE.