MYRTLE COTTAGE, MAIN ROAD, OTTERBOURNE, WINCHESTER, SO21 2EE - £670,000

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

MYRTLE COTTAGE is a very small extended detached house of 111m², built sometime before 1900, which could now be worth an estimated £699,048. It was last sold for £670,000 in June 2022, which was around 13% below the average June 2022 detached price in the Winchester local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows five sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. The five MYRTLE COTTAGE 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 30 JUN	£670,000	£766,013	13% below HPI
2012 6 DEC	£485,000	£483,323	Close to HPI
2001 5 NOV	£242,000	£305,780	21% below HPI
1999 5 NOV	£196,000	£217,145	10% below HPI
1998 8 APR	£100,000	£185,394	46% below HPI

MYRTLE COTTAGE 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 five MYRTLE COTTAGE sales between April 1998 and June 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 December 2012 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £699,048.

This is based on house price inflation of 4.3%, between June 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 4.3% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £670,000 on 30th June 2022. For the value to have increased from £670,000 to £699,048 over the one year and six months to December 2024, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The June 2022 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since June 2022.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 111m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses houses in Otterbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Otterbourne, and where MYRTLE COTTAGE lies on this distribution: 13% of detached houses houses are smaller than MYRTLE COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Otterbourne.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of MYRTLE COTTAGE, 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 MYRTLE COTTAGE). 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on MAIN ROAD in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of MYRTLE COTTAGE on MAIN ROAD.