CHERRY TREE COTTAGE, MAIN ROAD, OTTERBOURNE, WINCHESTER, SO21 2EQ - £672,500

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.

CHERRY TREE COTTAGE is a small extended detached house of 142m², built sometime between 1900 and 1929, which could now be worth an estimated £762,320. It was last sold for £672,500 in February 2018, which was around 1% below the average February 2018 detached price in the Winchester local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

CHERRY TREE COTTAGE Sold Prices

Land registry data shows two sales for CHERRY TREE 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 Winchester local authority area for the corresponding sale date. One of the two CHERRY TREE COTTAGE sales was for below the average price, whilst the other was 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
2018 9 FEB	£672,500	£679,503	1% below HPI
2011 14 SEP	£500,000	£487,327	3% above HPI

CHERRY TREE COTTAGE 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 CHERRY TREE COTTAGE sales from September 2011 and February 2018 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 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might CHERRY TREE COTTAGE be worth now?

CHERRY TREE COTTAGE might now be worth an estimated £762,320.

This is based on house price inflation of 13.4%, between February 2018 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 13.4% inflationary increase is applied to the most recent sale price for CHERRY TREE COTTAGE of £672,500 on 9th February 2018. For the value to have increased from £672,500 to £762,320 over the seven years to February 2025, the following assumptions must hold true:

• The value of CHERRY TREE COTTAGE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The February 2018 sale price of £672,500 represented a fair market value for the property.
• The size, condition, and specification of CHERRY TREE COTTAGE has not materially changed since February 2018.

How Large is CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is 142m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterbourne, and where CHERRY TREE COTTAGE lies on this distribution: 36% of detached houses houses are smaller than CHERRY TREE COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

CHERRY TREE COTTAGE: Plot and Title Map

CHERRY TREE COTTAGE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of CHERRY TREE 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 CHERRY TREE 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 CHERRY TREE COTTAGE?

CHERRY TREE COTTAGE is located on MAIN ROAD in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of CHERRY TREE COTTAGE on MAIN ROAD.