7, OAKWOOD AVENUE, OTTERBOURNE, WINCHESTER, SO21 2ED - £465,000

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 OAKWOOD AVENUE is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £465,000 in December 2018, which was around 29% below the average December 2018 detached price in the Winchester local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

7 OAKWOOD AVENUE Sold Prices

Land registry data shows two sales for 7 OAKWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 7 OAKWOOD AVENUE 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
2018 11 DEC	£465,000	£652,028	29% below HPI
2017 20 JAN	£431,000	£652,677	34% below HPI

7 OAKWOOD AVENUE 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 two 7 OAKWOOD AVENUE sales from January 2017 and December 2018 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 January 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 OAKWOOD AVENUE?

7 OAKWOOD AVENUE is 89m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Otterbourne, and where 7 OAKWOOD AVENUE lies on this distribution: 5% of detached houses are smaller than 7 OAKWOOD AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

7 OAKWOOD AVENUE: Plot and Title Map

7 OAKWOOD AVENUE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 7 OAKWOOD AVENUE, 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 OAKWOOD AVENUE). 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 7 OAKWOOD AVENUE?

7 OAKWOOD AVENUE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 7 on OAKWOOD AVENUE.