CHALK PIT COTTAGE, BRAISHFIELD ROAD, BRAISHFIELD, ROMSEY, SO51 0PR - £1,570,000

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.

CHALK PIT COTTAGE is a very large extended detached house of 279m², built sometime before 1900, which could now be worth an estimated £1,630,651. It was last sold for £1,570,000 in February 2022, which was around 164% above the average February 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

CHALK PIT COTTAGE Sold Prices

Land registry data shows two sales for CHALK PIT COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two CHALK PIT COTTAGE 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
2022 28 FEB	£1,570,000	£593,792	164% above HPI
2009 26 OCT	£950,000	£343,983	176% above HPI

CHALK PIT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two CHALK PIT COTTAGE sales from October 2009 and February 2022 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 2009 sale was for 176% above the HPI. So the extrapolation line tracks at 176% above the HPI over time, until the February 2022 sale, where it falls to 164% above the HPI. The line then continues to track at 164% above the HPI.

What might CHALK PIT COTTAGE be worth now?

CHALK PIT COTTAGE might now be worth an estimated £1,630,651.

This is based on house price inflation of 3.9%, between February 2022 and February 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for CHALK PIT COTTAGE of £1,570,000 on 28th February 2022. For the value to have increased from £1,570,000 to £1,630,651 over the three years to February 2025, the following assumptions must hold true:

• The value of CHALK PIT COTTAGE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2022 sale price of £1,570,000 represented a fair market value for the property.
• The size, condition, and specification of CHALK PIT COTTAGE has not materially changed since February 2022.

How Large is CHALK PIT COTTAGE?

CHALK PIT COTTAGE is 279m², which includes four extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% of detached houses houses in Braishfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braishfield, and where CHALK PIT COTTAGE lies on this distribution: 93% of detached houses houses are smaller than CHALK PIT COTTAGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Braishfield.

CHALK PIT COTTAGE: Plot and Title Map

CHALK PIT COTTAGE sits on a plot of roughly 0.877 of an acre, or 3,550m². The below map shows the location of CHALK PIT COTTAGE, 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 CHALK PIT COTTAGE). 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 CHALK PIT COTTAGE?

CHALK PIT COTTAGE is located on BRAISHFIELD ROAD in BRAISHFIELD, in the SO51 postcode district. The below map shows the position of CHALK PIT COTTAGE on BRAISHFIELD ROAD.