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

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.

DRY HILL COTTAGE is a large extended detached house of 187m², built sometime between 1930 and 1949, which could now be worth an estimated £832,077. It was last sold for £825,000 in April 2022, which was around 21% 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	£679,409	21% above HPI
2016 6 JUL	£650,000	£567,129	15% above HPI
2009 14 JUL	£384,750	£377,406	2% 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might DRY HILL COTTAGE be worth now?

DRY HILL COTTAGE might now be worth an estimated £832,077.

This is based on house price inflation of 0.9%, between April 2022 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.9% inflationary increase is applied to the most recent sale price for DRY HILL COTTAGE of £825,000 on 28th April 2022. For the value to have increased from £825,000 to £832,077 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of DRY HILL COTTAGE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The April 2022 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of DRY HILL COTTAGE has not materially changed since April 2022.

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 houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medstead, and where DRY HILL COTTAGE lies on this distribution: 67% of detached houses 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.