OAKWOOD, WIELD ROAD, MEDSTEAD, ALTON, GU34 5NJ - £540,000

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 is a small detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £881,838. It was last sold for £540,000 in June 2011, which was around 29% above the average June 2011 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two OAKWOOD 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
2011 17 JUN	£540,000	£419,610	29% above HPI
1999 19 FEB	£210,000	£177,495	18% above HPI

OAKWOOD 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 two OAKWOOD sales from February 1999 and June 2011 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 February 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2011 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might OAKWOOD be worth now?

OAKWOOD might now be worth an estimated £881,838.

This is based on house price inflation of 63.3%, between June 2011 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 63.3% inflationary increase is applied to the most recent sale price for OAKWOOD of £540,000 on 17th June 2011. For the value to have increased from £540,000 to £881,838 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of OAKWOOD has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The June 2011 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD has not materially changed since June 2011.

How Large is OAKWOOD?

OAKWOOD is 140m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 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 OAKWOOD lies on this distribution: 36% of detached houses houses are smaller than OAKWOOD, and 64% of houses are larger. Note that EPC data is not available for all properties in Medstead.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.350 of an acre, or 1,415m². The below map shows the location of OAKWOOD, 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). 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?

OAKWOOD is located on WIELD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of OAKWOOD on WIELD ROAD.