MARTINS, VICARAGE LANE, ROPLEY, ALRESFORD, SO24 0DU - £840,000

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

MARTINS is a large extended detached house of 201m², built sometime between 1967 and 1975, which could now be worth an estimated £979,677. It was last sold for £840,000 in September 2017, which was around 41% above the average September 2017 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was D.

MARTINS Sold Prices

Land registry data shows three sales for MARTINS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three MARTINS 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
2017 15 SEP	£840,000	£596,360	41% above HPI
2003 4 JUL	£555,000	£328,516	69% above HPI
1999 11 OCT	£295,000	£202,692	46% above HPI

MARTINS 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 three MARTINS sales between October 1999 and September 2017 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 2003 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the September 2017 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might MARTINS be worth now?

MARTINS might now be worth an estimated £979,677.

This is based on house price inflation of 16.6%, between September 2017 and December 2024, 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 16.6% inflationary increase is applied to the most recent sale price for MARTINS of £840,000 on 15th September 2017. For the value to have increased from £840,000 to £979,677 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of MARTINS has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The September 2017 sale price of £840,000 represented a fair market value for the property.
• The size, condition, and specification of MARTINS has not materially changed since September 2017.

How Large is MARTINS?

MARTINS is 201m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Ropley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ropley, and where MARTINS lies on this distribution: 62% of detached houses houses are smaller than MARTINS, and 37% of houses are larger. Note that EPC data is not available for all properties in Ropley.

MARTINS: Plot and Title Map

MARTINS sits on a plot of roughly 0.226 of an acre, or 913m². The below map shows the location of MARTINS, 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 MARTINS). 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 MARTINS?

MARTINS is located on VICARAGE LANE in ROPLEY, in the SO24 postcode district. The below map shows the position of MARTINS on VICARAGE LANE.