SOUTHERN WOOD, NEW FARM ROAD, ALRESFORD, SO24 9QS - £535,000

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

SOUTHERN WOOD is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £535,000 in August 2016, which was around 14% below the average August 2016 detached price in the Winchester local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

SOUTHERN WOOD Sold Prices

Land registry data shows three sales for SOUTHERN WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three SOUTHERN WOOD 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
2016 18 AUG	£535,000	£624,861	14% below HPI
2014 2 DEC	£465,000	£569,564	18% below HPI
2002 16 DEC	£285,000	£360,256	21% below HPI

SOUTHERN WOOD 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 three SOUTHERN WOOD sales between December 2002 and August 2016 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is SOUTHERN WOOD?

SOUTHERN WOOD is 122m² according to the EPC inspection conducted in November 2013. This puts it in the largest 50% of detached houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in New Alresford, and where SOUTHERN WOOD lies on this distribution: 51% of detached houses are smaller than SOUTHERN WOOD, and 49% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

SOUTHERN WOOD: Plot and Title Map

SOUTHERN WOOD sits on a plot of roughly 0.168 of an acre, or 682m². The below map shows the location of SOUTHERN WOOD, 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 SOUTHERN WOOD). 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 SOUTHERN WOOD?

SOUTHERN WOOD is located on NEW FARM ROAD in ALRESFORD, in the SO24 postcode district. The below map shows the position of SOUTHERN WOOD on NEW FARM ROAD.