ELM TREES, HAWTHORN CLOSE, MICHELDEVER, WINCHESTER, SO21 3DQ - £915,000

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

ELM TREES is a large extended detached house of 198m², built sometime between 1976 and 1982. It was last sold for £915,000 in February 2023, which was around 19% above the average February 2023 detached price in the Winchester local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

ELM TREES Sold Prices

Land registry data shows two sales for ELM TREES 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 ELM TREES 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
2023 6 FEB	£915,000	£767,580	19% above HPI
2001 27 SEP	£400,000	£293,653	36% above HPI

ELM TREES 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 ELM TREES sales from September 2001 and February 2023 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 2001 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the February 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is ELM TREES?

ELM TREES is 198m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Micheldever, based on EPC data. The below chart shows the distribution of detached houses by size in Micheldever, and where ELM TREES lies on this distribution: 77% of detached houses are smaller than ELM TREES, and 23% of houses are larger. Note that EPC data is not available for all properties in Micheldever.

ELM TREES: Plot and Title Map

ELM TREES sits on a plot of roughly 0.257 of an acre, or 1,038m². The below map shows the location of ELM TREES, 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 ELM TREES). 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 ELM TREES?

ELM TREES is located on HAWTHORN CLOSE in MICHELDEVER, in the SO21 postcode district. The below map shows the position of ELM TREES on HAWTHORN CLOSE.