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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PAKEFIELD is a midsized extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £785,000 in December 2020, which was around 10% 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	£710,457	10% above HPI
2010 11 AUG	£538,000	£461,421	17% 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

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 in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where PAKEFIELD lies on this distribution: 45% of detached 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.