CHESTNUT COTTAGE, LONDON ROAD, KINGS WORTHY, WINCHESTER, SO23 7QL - £845,000

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.

CHESTNUT COTTAGE is a small extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £943,900. It was last sold for £845,000 in June 2021, which was around 23% above the average June 2021 detached price in the Winchester local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT COTTAGE Sold Prices

Land registry data shows four sales for CHESTNUT COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. two of the four CHESTNUT COTTAGE sales were for above the average price, and four were for below 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
2021 21 JUN	£845,000	£689,552	23% above HPI
2001 2 NOV	£272,625	£305,780	11% below HPI
1999 8 JUL	£207,500	£208,894	1% below HPI
1996 13 SEP	£165,000	£143,073	15% above HPI

CHESTNUT 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 four CHESTNUT COTTAGE sales between September 1996 and June 2021 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 November 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might CHESTNUT COTTAGE be worth now?

CHESTNUT COTTAGE might now be worth an estimated £943,900.

This is based on house price inflation of 11.7%, between June 2021 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 11.7% inflationary increase is applied to the most recent sale price for CHESTNUT COTTAGE of £845,000 on 21st June 2021. For the value to have increased from £845,000 to £943,900 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of CHESTNUT COTTAGE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The June 2021 sale price of £845,000 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT COTTAGE has not materially changed since June 2021.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 140m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Kings Worthy, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Worthy, and where CHESTNUT COTTAGE lies on this distribution: 40% of detached houses houses are smaller than CHESTNUT COTTAGE, and 58% of houses are larger. Note that EPC data is not available for all properties in Kings Worthy.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT COTTAGE?

CHESTNUT COTTAGE is located on LONDON ROAD in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of CHESTNUT COTTAGE on LONDON ROAD.