EADENS WEDGE, WORKHOUSE LANE, EAST MEON, PETERSFIELD, GU32 1PF - £1,200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

EADENS WEDGE is a midsized extended detached house of 168m², built sometime between 1930 and 1949, which could now be worth an estimated £1,150,455. It was last sold for £1,200,000 in December 2022, which was around 65% above the average December 2022 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was G, and the potential energy rating was E.

EADENS WEDGE Sold Prices

Land registry data shows three sales for EADENS WEDGE 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 EADENS WEDGE 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 9 DEC	£1,200,000	£725,477	65% above HPI
2005 30 SEP	£490,000	£369,080	33% above HPI
2000 20 DEC	£360,000	£244,193	47% above HPI

EADENS WEDGE 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 EADENS WEDGE sales between December 2000 and December 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 September 2005 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might EADENS WEDGE be worth now?

EADENS WEDGE might now be worth an estimated £1,150,455.

This is based on house price deflation of 4.1%, between December 2022 and December 2024, 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 4.1% deflationary decrease is applied to the most recent sale price for EADENS WEDGE of £1,200,000 on 9th December 2022. For the value to have decreased from £1,200,000 to £1,150,455 over the two years to December 2024, the following assumptions must hold true:

• The value of EADENS WEDGE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The December 2022 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of EADENS WEDGE has not materially changed since December 2022.

How Large is EADENS WEDGE?

EADENS WEDGE is 168m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses houses in East Meon, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Meon, and where EADENS WEDGE lies on this distribution: 55% of detached houses houses are smaller than EADENS WEDGE, and 45% of houses are larger. Note that EPC data is not available for all properties in East Meon.

EADENS WEDGE: Plot and Title Map

EADENS WEDGE sits on a plot of roughly 0.384 of an acre, or 1,554m². The below map shows the location of EADENS WEDGE, 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 EADENS WEDGE). 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 EADENS WEDGE?

EADENS WEDGE is located on WORKHOUSE LANE in EAST MEON, in the GU32 postcode district. The below map shows the position of EADENS WEDGE on WORKHOUSE LANE.