MANDALAY LODGE, GOATACRE ROAD, MEDSTEAD, ALTON, GU34 5PU - £1,437,070

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

MANDALAY LODGE is a large detached house of 200m², built sometime between 1996 and 2002. It was last sold for £1,437,070 in August 2023, which was around 120% above the average August 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

MANDALAY LODGE Sold Prices

Land registry data shows two sales for MANDALAY LODGE 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 MANDALAY LODGE 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
2023 23 AUG	£1,437,070	£654,640	120% above HPI
2016 21 OCT	£960,000	£532,356	80% above HPI

MANDALAY LODGE 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 MANDALAY LODGE sales from October 2016 and August 2023 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 2016 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the August 2023 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is MANDALAY LODGE?

MANDALAY LODGE is 200m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where MANDALAY LODGE lies on this distribution: 75% of detached houses are smaller than MANDALAY LODGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Medstead.

MANDALAY LODGE: Plot and Title Map

MANDALAY LODGE sits on a plot of roughly 1.6 acres, or 6,576m². The below map shows the location of MANDALAY 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 MANDALAY 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 MANDALAY LODGE?

MANDALAY LODGE is located on GOATACRE ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of MANDALAY LODGE on GOATACRE ROAD.