HOPE LODGE, WINCHESTER ROAD, WALTHAM CHASE, SOUTHAMPTON, SO32 2NA - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

HOPE LODGE is a very large extended detached house of 190m², built sometime between 1900 and 1929. It was last sold for £385,000 in November 2010, which was around 18% below the average November 2010 detached price in the Winchester local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

HOPE LODGE Sold Prices

Land registry data shows three sales for HOPE LODGE 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 HOPE LODGE 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
2010 11 NOV	£385,000	£468,666	18% below HPI
2007 2 NOV	£421,000	£507,261	17% below HPI
1997 29 AUG	£91,000	£163,502	44% below HPI

HOPE LODGE 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 HOPE LODGE sales between August 1997 and November 2010 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 November 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is HOPE LODGE?

HOPE LODGE is 190m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% 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 HOPE LODGE lies on this distribution: 93% of detached houses are smaller than HOPE LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

HOPE LODGE: Plot and Title Map

HOPE LODGE sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of HOPE LODGE, 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 HOPE LODGE). 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 HOPE LODGE?

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