AKER WOOD, BISHOPS SUTTON ROAD, ALRESFORD, SO24 9EJ - £1,425,000

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.

AKER WOOD is a very large extended detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £1,536,993. It was last sold for £1,425,000 in November 2020, which was around 100% above the average November 2020 detached price in the Winchester local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

AKER WOOD Sold Prices

Land registry data shows two sales for AKER WOOD 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 AKER WOOD 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
2020 24 NOV	£1,425,000	£714,133	100% above HPI
2003 23 JUL	£385,000	£376,739	2% above HPI

AKER WOOD 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 AKER WOOD sales from July 2003 and November 2020 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 July 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2020 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might AKER WOOD be worth now?

AKER WOOD might now be worth an estimated £1,536,993.

This is based on house price inflation of 7.9%, between November 2020 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 7.9% inflationary increase is applied to the most recent sale price for AKER WOOD of £1,425,000 on 24th November 2020. For the value to have increased from £1,425,000 to £1,536,993 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of AKER WOOD has moved in line with the HPI for detached houses in the Winchester local authority area.
• The November 2020 sale price of £1,425,000 represented a fair market value for the property.
• The size, condition, and specification of AKER WOOD has not materially changed since November 2020.

How Large is AKER WOOD?

AKER WOOD is 181m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Alresford, and where AKER WOOD lies on this distribution: 85% of detached houses houses are smaller than AKER WOOD, and 15% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

AKER WOOD: Plot and Title Map

AKER WOOD sits on a plot of roughly 0.319 of an acre, or 1,290m². The below map shows the location of AKER WOOD, 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 AKER WOOD). 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 AKER WOOD?

AKER WOOD is located on BISHOPS SUTTON ROAD in ALRESFORD, in the SO24 postcode district. The below map shows the position of AKER WOOD on BISHOPS SUTTON ROAD.