GRESTOCK, WIELD ROAD, MEDSTEAD, ALTON, GU34 5NJ - £600,000

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

GRESTOCK is a small extended detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £672,842. It was last sold for £600,000 in May 2018, which was around 2% below the average May 2018 detached price in the East Hampshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

GRESTOCK Sold Prices

Land registry data shows three sales for GRESTOCK 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. One of the three GRESTOCK sales was for below the average price, whilst two 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
2018 31 MAY	£600,000	£611,053	2% below HPI
2004 19 FEB	£399,950	£347,438	15% above HPI
1999 30 JUN	£249,950	£180,623	38% above HPI

GRESTOCK 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 GRESTOCK sales between June 1999 and May 2018 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 February 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might GRESTOCK be worth now?

GRESTOCK might now be worth an estimated £672,842.

This is based on house price inflation of 12.1%, between May 2018 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 12.1% inflationary increase is applied to the most recent sale price for GRESTOCK of £600,000 on 31st May 2018. For the value to have increased from £600,000 to £672,842 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of GRESTOCK has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The May 2018 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of GRESTOCK has not materially changed since May 2018.

How Large is GRESTOCK?

GRESTOCK is 144m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 GRESTOCK lies on this distribution: 38% of detached houses houses are smaller than GRESTOCK, and 61% of houses are larger. Note that EPC data is not available for all properties in Medstead.

GRESTOCK: Plot and Title Map

GRESTOCK sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of GRESTOCK, 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 GRESTOCK). 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 GRESTOCK?

GRESTOCK is located on WIELD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of GRESTOCK on WIELD ROAD.