GAVEL ACRE, HUSSELL LANE, MEDSTEAD, ALTON, GU34 5PF - £650,000

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

GAVEL ACRE is a midsized extended detached house of 156m², built sometime between 1930 and 1949. It was last sold for £650,000 in December 2021, which was about the average December 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

GAVEL ACRE Sold Prices

Land registry data shows two sales for GAVEL ACRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. One of the two GAVEL ACRE sales was roughly equal to the average price, whilst the other was 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
2021 9 DEC	£650,000	£652,898	Close to HPI
2007 17 AUG	£327,500	£402,364	19% below HPI

GAVEL ACRE 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 two GAVEL ACRE sales from August 2007 and December 2021 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 August 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is GAVEL ACRE?

GAVEL ACRE is 156m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where GAVEL ACRE lies on this distribution: 49% of detached houses are smaller than GAVEL ACRE, and 49% of houses are larger. Note that EPC data is not available for all properties in Medstead.

GAVEL ACRE: Plot and Title Map

GAVEL ACRE sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of GAVEL ACRE, 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 GAVEL ACRE). 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 GAVEL ACRE?

GAVEL ACRE is located on HUSSELL LANE in MEDSTEAD, in the GU34 postcode district. The below map shows the position of GAVEL ACRE on HUSSELL LANE.