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

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

MIDWAYS is a large extended detached house of 152m², built sometime between 1976 and 1982. It was last sold for £545,000 in December 2022, which was around 29% 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. The three MIDWAYS sales were a mix of below the average price, and roughly equal to 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	£767,997	29% below HPI
2006 13 APR	£400,000	£401,622	Close to HPI
2000 23 JUN	£221,500	£243,273	9% 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

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 in Waltham Chase, based on EPC data. The below chart shows the distribution of detached houses by size in Waltham Chase, and where MIDWAYS lies on this distribution: 73% of detached 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.