HOMELEA, LEGION LANE, KINGS WORTHY, WINCHESTER, SO23 7RA - £810,000

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

HOMELEA is a very large extended detached house of 166m², built sometime between 1950 and 1966, which could now be worth an estimated £894,204. It was last sold for £810,000 in December 2020, which was around 12% above the average December 2020 detached price in the Winchester local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

HOMELEA Sold Prices

Land registry data shows three sales for HOMELEA 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. Two of the three HOMELEA sales were for above the average price, whilst one 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
2020 15 DEC	£810,000	£723,964	12% above HPI
2001 9 OCT	£299,950	£297,367	1% above HPI
2000 2 MAY	£182,000	£245,764	26% below HPI

HOMELEA 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 HOMELEA sales between May 2000 and December 2020 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 October 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might HOMELEA be worth now?

HOMELEA might now be worth an estimated £894,204.

This is based on house price inflation of 10.4%, between December 2020 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.4% inflationary increase is applied to the most recent sale price for HOMELEA of £810,000 on 15th December 2020. For the value to have increased from £810,000 to £894,204 over the four years to December 2024, the following assumptions must hold true:

• The value of HOMELEA has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2020 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELEA has not materially changed since December 2020.

How Large is HOMELEA?

HOMELEA is 166m², which includes three extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses houses in Springvale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Springvale, and where HOMELEA lies on this distribution: 81% of detached houses houses are smaller than HOMELEA, and 19% of houses are larger. Note that EPC data is not available for all properties in Springvale.

HOMELEA: Plot and Title Map

HOMELEA sits on a plot of roughly 0.223 of an acre, or 904m². The below map shows the location of HOMELEA, 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 HOMELEA). 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 HOMELEA?

HOMELEA is located on LEGION LANE in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of HOMELEA on LEGION LANE.