HOO MEAVY, HOMESTEAD ROAD, MEDSTEAD, ALTON, GU34 5PW - £1,162,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HOO MEAVY is a very large extended detached house of 304m², built sometime between 1991 and 1995, which could now be worth an estimated £1,255,025. It was last sold for £1,162,500 in January 2021, which was around 83% above the average January 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

HOO MEAVY Sold Prices

Land registry data shows two sales for HOO MEAVY 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. Both of the two HOO MEAVY sales 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
2021 8 JAN	£1,162,500	£634,719	83% above HPI
2010 3 DEC	£746,000	£417,447	79% above HPI

HOO MEAVY 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 HOO MEAVY sales from December 2010 and January 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 December 2010 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the January 2021 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might HOO MEAVY be worth now?

HOO MEAVY might now be worth an estimated £1,255,025.

This is based on house price inflation of 8%, between January 2021 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 8% inflationary increase is applied to the most recent sale price for HOO MEAVY of £1,162,500 on 8th January 2021. For the value to have increased from £1,162,500 to £1,255,025 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of HOO MEAVY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The January 2021 sale price of £1,162,500 represented a fair market value for the property.
• The size, condition, and specification of HOO MEAVY has not materially changed since January 2021.

How Large is HOO MEAVY?

HOO MEAVY is 304m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% 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 HOO MEAVY lies on this distribution: 98% of detached houses houses are smaller than HOO MEAVY, and 2% of houses are larger. Note that EPC data is not available for all properties in Medstead.

HOO MEAVY: Plot and Title Map

HOO MEAVY sits on a plot of roughly 0.386 of an acre, or 1,564m². The below map shows the location of HOO MEAVY, 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 HOO MEAVY). 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 HOO MEAVY?

HOO MEAVY is located on HOMESTEAD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of HOO MEAVY on HOMESTEAD ROAD.