PAKEFIELD, MILNTHORPE LANE, WINCHESTER, SO22 4NP - £785,000

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.

PAKEFIELD is a midsized extended detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £835,197. It was last sold for £785,000 in December 2020, which was around 8% above the average December 2020 detached price in the Winchester local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was D.

PAKEFIELD Sold Prices

Land registry data shows two sales for PAKEFIELD 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 PAKEFIELD 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
2020 4 DEC	£785,000	£723,964	8% above HPI
2010 11 AUG	£538,000	£470,193	14% above HPI

PAKEFIELD 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 PAKEFIELD sales from August 2010 and December 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 August 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2020 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might PAKEFIELD be worth now?

PAKEFIELD might now be worth an estimated £835,197.

This is based on house price inflation of 6.4%, between December 2020 and February 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for PAKEFIELD of £785,000 on 4th December 2020. For the value to have increased from £785,000 to £835,197 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of PAKEFIELD has moved in line with the HPI for detached houses in the Winchester local authority area.
• The December 2020 sale price of £785,000 represented a fair market value for the property.
• The size, condition, and specification of PAKEFIELD has not materially changed since December 2020.

How Large is PAKEFIELD?

PAKEFIELD is 139m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchester, and where PAKEFIELD lies on this distribution: 45% of detached houses houses are smaller than PAKEFIELD, and 55% of houses are larger. Note that EPC data is not available for all properties in Winchester.

PAKEFIELD: Plot and Title Map

PAKEFIELD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of PAKEFIELD, 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 PAKEFIELD). 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 PAKEFIELD?

PAKEFIELD is located on MILNTHORPE LANE in WINCHESTER, in the SO22 postcode district. The below map shows the position of PAKEFIELD on MILNTHORPE LANE.