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
8 RED BUSHES CLOSE is a very large detached house of 232m², built sometime between 2007 and 2011. It was last sold for £755,000 in September 2023, which was around 14% above the average September 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 RED BUSHES CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the four 8 RED BUSHES CLOSE 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 |
---|---|---|---|
2023 27 SEP | £755,000 | £660,987 | 14% above HPI |
2019 17 SEP | £600,000 | £567,904 | 6% above HPI |
2012 20 AUG | £487,500 | £403,044 | 21% above HPI |
2007 20 NOV | £590,000 | £403,496 | 46% above HPI |
The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The four 8 RED BUSHES CLOSE sales between November 2007 and September 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 September 2019 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2023 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.
8 RED BUSHES CLOSE is 232m² according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where 8 RED BUSHES CLOSE lies on this distribution: 86% of detached houses are smaller than 8 RED BUSHES CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Medstead.
8 RED BUSHES CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 8 RED BUSHES 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 RED BUSHES 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.
8 RED BUSHES CLOSE is located in MEDSTEAD, in the GU34 postcode district. The below map shows the position of No. 8 on RED BUSHES CLOSE.