OAKWOOD HOUSE, WINCHESTER ROAD, CHILWORTH, SOUTHAMPTON, SO16 7LJ - £950,000

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.

OAKWOOD HOUSE is a midsized detached house of 255m², built sometime from 2012 onwards, which could now be worth an estimated £1,146,664. It was last sold for £950,000 in March 2020, which was around 85% above the average March 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

OAKWOOD HOUSE Sold Prices

Land registry data shows three sales for OAKWOOD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Two of the three OAKWOOD HOUSE sales were for above the average price, whilst one was 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
2020 26 MAR	£950,000	£514,887	85% above HPI
2017 13 OCT	£935,000	£510,889	83% above HPI
2016 4 NOV	£325,000	£475,071	32% below HPI

OAKWOOD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three OAKWOOD HOUSE sales between November 2016 and March 2020 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 October 2017 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the March 2020 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might OAKWOOD HOUSE be worth now?

OAKWOOD HOUSE might now be worth an estimated £1,146,664.

This is based on house price inflation of 20.7%, between March 2020 and March 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for OAKWOOD HOUSE of £950,000 on 26th March 2020. For the value to have increased from £950,000 to £1,146,664 over the five years to March 2025, the following assumptions must hold true:

• The value of OAKWOOD HOUSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2020 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD HOUSE has not materially changed since March 2020.

How Large is OAKWOOD HOUSE?

OAKWOOD HOUSE is 255m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Chilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chilworth, and where OAKWOOD HOUSE lies on this distribution: 46% of detached houses houses are smaller than OAKWOOD HOUSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Chilworth.

OAKWOOD HOUSE: Plot and Title Map

OAKWOOD HOUSE sits on a plot of roughly 0.344 of an acre, or 1,394m². The below map shows the location of OAKWOOD HOUSE, 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 OAKWOOD HOUSE). 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 OAKWOOD HOUSE?

OAKWOOD HOUSE is located on WINCHESTER ROAD in CHILWORTH, in the SO16 postcode district. The below map shows the position of OAKWOOD HOUSE on WINCHESTER ROAD.