OWENS COTTAGE, HOMESTEAD ROAD, MEDSTEAD, ALTON, GU34 5NA - £520,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OWENS COTTAGE is a very small extended semi-detached house of 99m², built sometime before 1900. It was last sold for £520,000 in September 2012, which was around 28% above the average September 2012 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

OWENS COTTAGE Sold Prices

Land registry data shows three sales for OWENS COTTAGE 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 OWENS COTTAGE 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
2012 28 SEP	£520,000	£406,981	28% above HPI
2007 27 FEB	£440,000	£369,905	19% above HPI
1999 12 NOV	£295,000	£187,318	57% above HPI

OWENS COTTAGE 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 OWENS COTTAGE sales between November 1999 and September 2012 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 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2012 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is OWENS COTTAGE?

OWENS COTTAGE is 99m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where OWENS COTTAGE lies on this distribution: 8% of detached houses are smaller than OWENS COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Medstead.

OWENS COTTAGE: Plot and Title Map

OWENS COTTAGE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of OWENS 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 OWENS 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 OWENS COTTAGE?

OWENS COTTAGE is located on HOMESTEAD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of OWENS COTTAGE on HOMESTEAD ROAD.