CHERRY ORCHARD, WIELD ROAD, MEDSTEAD, ALTON, GU34 5LY - £1,040,000

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

CHERRY ORCHARD is a very large extended detached house of 226m², built sometime before 1900. It was last sold for £1,040,000 in August 2020, which was around 77% above the average August 2020 detached price in the East Hampshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

CHERRY ORCHARD Sold Prices

Land registry data shows two sales for CHERRY ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two CHERRY ORCHARD 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 3 AUG	£1,040,000	£587,344	77% above HPI
1999 20 SEP	£465,000	£185,010	151% above HPI

CHERRY ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two CHERRY ORCHARD sales from September 1999 and August 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 September 1999 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the August 2020 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is CHERRY ORCHARD?

CHERRY ORCHARD is 226m², which includes four extensions, according to the EPC inspection conducted in July 2019. 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 CHERRY ORCHARD lies on this distribution: 83% of detached houses are smaller than CHERRY ORCHARD, and 16% of houses are larger. Note that EPC data is not available for all properties in Medstead.

CHERRY ORCHARD: Plot and Title Map

CHERRY ORCHARD sits on a plot of roughly 0.541 of an acre, or 2,189m². The below map shows the location of CHERRY ORCHARD, 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 CHERRY ORCHARD). 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 CHERRY ORCHARD?

CHERRY ORCHARD is located on WIELD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of CHERRY ORCHARD on WIELD ROAD.