GULLANE, WINCHESTER ROAD, WALTHAM CHASE, SOUTHAMPTON, SO32 2LW - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GULLANE is a very small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £340,000 in September 2019, which was around 50% below the average September 2019 detached price in the Winchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was D.

GULLANE Sold Prices

Land registry data shows four sales for GULLANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the four GULLANE sales were 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
2019 6 SEP	£340,000	£680,621	50% below HPI
2018 20 DEC	£355,000	£652,028	46% below HPI
2014 17 OCT	£340,000	£573,368	41% below HPI
2010 15 MAR	£265,000	£449,429	41% below HPI

GULLANE 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 four GULLANE sales between March 2010 and September 2019 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 December 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is GULLANE?

GULLANE is 87m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 20% of detached houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Chase, and where GULLANE lies on this distribution: 11% of detached houses are smaller than GULLANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

GULLANE: Plot and Title Map

GULLANE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of GULLANE, 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 GULLANE). 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 GULLANE?

GULLANE is located on WINCHESTER ROAD in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of GULLANE on WINCHESTER ROAD.