ORCHARD RISE, CHASE GROVE, WALTHAM CHASE, SOUTHAMPTON, SO32 2LF - £320,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ORCHARD RISE is a large extended detached house of 132m², built sometime between 1983 and 1990. It was last sold for £320,000 in December 2009, which was around 26% below the average December 2009 detached price in the Winchester local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

ORCHARD RISE Sold Prices

Land registry data shows two sales for ORCHARD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two ORCHARD RISE sales were 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
2009 14 DEC	£320,000	£434,025	26% below HPI
2001 19 DEC	£210,000	£297,674	29% below HPI

ORCHARD RISE 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 two ORCHARD RISE sales from December 2001 and December 2009 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is ORCHARD RISE?

ORCHARD RISE is 132m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% 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 ORCHARD RISE lies on this distribution: 60% of detached houses are smaller than ORCHARD RISE, and 39% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

ORCHARD RISE: Plot and Title Map

ORCHARD RISE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of ORCHARD RISE, 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 ORCHARD RISE). 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 ORCHARD RISE?

ORCHARD RISE is located on CHASE GROVE in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of ORCHARD RISE on CHASE GROVE.