8, RAEBARN CLOSE, CHERITON, ALRESFORD, SO24 0QE - £439,000

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

8 RAEBARN CLOSE is a small detached house of 113m², built sometime between 1967 and 1975. It was last sold for £439,000 in May 2019, which was around 34% below the average May 2019 detached price in the Winchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was D.

8 RAEBARN CLOSE Sold Prices

Land registry data shows three sales for 8 RAEBARN CLOSE 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 8 RAEBARN CLOSE 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
2019 17 MAY	£439,000	£660,345	34% below HPI
2012 10 FEB	£350,000	£478,999	27% below HPI
2007 16 APR	£330,000	£434,939	24% below HPI

8 RAEBARN CLOSE 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 8 RAEBARN CLOSE sales between April 2007 and May 2019 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 February 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 8 RAEBARN CLOSE?

8 RAEBARN CLOSE is 113m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Cheriton, based on EPC data. The below chart shows the distribution of detached houses by size in Cheriton, and where 8 RAEBARN CLOSE lies on this distribution: 28% of detached houses are smaller than 8 RAEBARN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cheriton.

8 RAEBARN CLOSE: Plot and Title Map

8 RAEBARN CLOSE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 8 RAEBARN CLOSE, 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 8 RAEBARN CLOSE). 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 8 RAEBARN CLOSE?

8 RAEBARN CLOSE is located in CHERITON, in the SO24 postcode district. The below map shows the position of No. 8 on RAEBARN CLOSE.