Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 LARK HILL RISE is a very small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £485,000 in October 2023, which was around 35% below the average October 2023 detached price in the Winchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 LARK HILL RISE since 1st 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 7 LARK HILL RISE 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 |
---|---|---|---|
2023 17 OCT | £485,000 | £749,959 | 35% below HPI |
2008 8 OCT | £290,000 | £438,540 | 34% below HPI |
2005 7 APR | £245,000 | £380,214 | 36% below HPI |
The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three 7 LARK HILL RISE sales between April 2005 and October 2023 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 October 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.
7 LARK HILL RISE is 87m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where 7 LARK HILL RISE lies on this distribution: 9% of detached houses are smaller than 7 LARK HILL RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Winchester.
7 LARK HILL RISE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 7 LARK HILL RISE, 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 7 LARK HILL RISE). 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.
7 LARK HILL RISE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 7 on LARK HILL RISE.