CROSSTREES, NEW FARM ROAD, ALRESFORD, SO24 9QS - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CROSSTREES is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £420,000 in May 2017, which was around 37% below the average May 2017 detached price in the Winchester local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

CROSSTREES Sold Prices

Land registry data shows two sales for CROSSTREES 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 CROSSTREES sales 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
2017 24 MAY	£420,000	£666,004	37% below HPI
2004 26 JUL	£282,500	£385,130	27% below HPI

CROSSTREES 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 CROSSTREES sales from July 2004 and May 2017 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 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is CROSSTREES?

CROSSTREES is 99m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in New Alresford, and where CROSSTREES lies on this distribution: 31% of detached houses are smaller than CROSSTREES, and 68% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

CROSSTREES: Plot and Title Map

CROSSTREES sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of CROSSTREES, 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 CROSSTREES). 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 CROSSTREES?

CROSSTREES is located on NEW FARM ROAD in ALRESFORD, in the SO24 postcode district. The below map shows the position of CROSSTREES on NEW FARM ROAD.