HILLCREST, WATERWORKS ROAD, OTTERBOURNE, WINCHESTER, SO21 2DP - £380,000

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

HILLCREST is a very small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £380,000 in February 2016, which was around 39% below the average February 2016 detached price in the Winchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

HILLCREST Sold Prices

Land registry data shows three sales for HILLCREST since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three HILLCREST 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
2016 12 FEB	£380,000	£626,146	39% below HPI
2004 2 JUL	£272,500	£385,130	29% below HPI
2001 4 APR	£184,750	£258,705	29% below HPI

HILLCREST 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 three HILLCREST sales between April 2001 and February 2016 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 July 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is HILLCREST?

HILLCREST is 92m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Otterbourne, and where HILLCREST lies on this distribution: 7% of detached houses are smaller than HILLCREST, and 93% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on WATERWORKS ROAD in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of HILLCREST on WATERWORKS ROAD.