OAKLANDS, STANCOMB LANE, MEDSTEAD, ALTON, GU34 5QB - £550,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAKLANDS is a large extended detached house of 185m², built sometime between 1950 and 1966, which could now be worth an estimated £892,654. It was last sold for £550,000 in August 2008, which was around 30% above the average August 2008 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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 OAKLANDS 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
2008 22 AUG	£550,000	£422,202	30% above HPI
2006 28 SEP	£499,950	£389,712	28% above HPI
1999 1 FEB	£212,500	£177,495	20% above HPI

OAKLANDS 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 OAKLANDS sales between February 1999 and August 2008 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 September 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2008 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £892,654.

This is based on house price inflation of 62.3%, between August 2008 and February 2025, 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 62.3% inflationary increase is applied to the most recent sale price for OAKLANDS of £550,000 on 22nd August 2008. For the value to have increased from £550,000 to £892,654 over the seventeen years and six months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The August 2008 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since August 2008.

How Large is OAKLANDS?

OAKLANDS is 185m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 40% of detached houses houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medstead, and where OAKLANDS lies on this distribution: 66% of detached houses houses are smaller than OAKLANDS, and 34% of houses are larger. Note that EPC data is not available for all properties in Medstead.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.381 of an acre, or 1,542m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on STANCOMB LANE in MEDSTEAD, in the GU34 postcode district. The below map shows the position of OAKLANDS on STANCOMB LANE.