DRY HILL COTTAGE, PAICE LANE, MEDSTEAD, ALTON, GU34 5PT - £825,000

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

DRY HILL COTTAGE is a large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £825,000 in April 2022, which was around 30% above the average April 2022 detached price in the East Hampshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

DRY HILL COTTAGE Sold Prices

Land registry data shows three sales for DRY HILL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three DRY HILL 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 APR	£825,000	£635,217	30% above HPI
2016 6 JUL	£650,000	£530,240	23% above HPI
2009 14 JUL	£384,750	£352,857	9% above HPI

DRY HILL COTTAGE 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 three DRY HILL COTTAGE sales between July 2009 and April 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 July 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is DRY HILL COTTAGE?

DRY HILL COTTAGE is 187m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where DRY HILL COTTAGE lies on this distribution: 68% of detached houses are smaller than DRY HILL COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Medstead.

DRY HILL COTTAGE: Plot and Title Map

DRY HILL COTTAGE sits on a plot of roughly 0.506 of an acre, or 2,046m². The below map shows the location of DRY HILL 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 DRY HILL 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 DRY HILL COTTAGE?

DRY HILL COTTAGE is located on PAICE LANE in MEDSTEAD, in the GU34 postcode district. The below map shows the position of DRY HILL COTTAGE on PAICE LANE.