MIDWAYS, CHASE GROVE, WALTHAM CHASE, SOUTHAMPTON, SO32 2LF - £545,000

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

MIDWAYS is a large extended detached house of 152m², built sometime between 1976 and 1982, which could now be worth an estimated £556,578. It was last sold for £545,000 in December 2022, which was around 30% below the average December 2022 detached price in the Winchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

MIDWAYS Sold Prices

Land registry data shows three sales for MIDWAYS 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 MIDWAYS 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
2022 12 DEC	£545,000	£782,598	30% below HPI
2006 13 APR	£400,000	£409,258	2% below HPI
2000 23 JUN	£221,500	£247,898	11% below HPI

MIDWAYS 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 MIDWAYS sales between June 2000 and December 2022 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 April 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might MIDWAYS be worth now?

MIDWAYS might now be worth an estimated £556,578.

This is based on house price inflation of 2.1%, between December 2022 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 2.1% inflationary increase is applied to the most recent sale price for MIDWAYS of £545,000 on 12th December 2022. For the value to have increased from £545,000 to £556,578 over the two years to December 2024, the following assumptions must hold true:

• The value of MIDWAYS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2022 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of MIDWAYS has not materially changed since December 2022.

How Large is MIDWAYS?

MIDWAYS is 152m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 30% of detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waltham Chase, and where MIDWAYS lies on this distribution: 73% of detached houses houses are smaller than MIDWAYS, and 27% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

MIDWAYS: Plot and Title Map

MIDWAYS sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of MIDWAYS, 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 MIDWAYS). 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 MIDWAYS?

MIDWAYS is located on CHASE GROVE in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of MIDWAYS on CHASE GROVE.