TEGG LEA, LANHAM LANE, WINCHESTER, SO22 5JS - £1,385,000

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

TEGG LEA is a very large extended detached house of 252m², built sometime between 2007 and 2011. It was last sold for £1,385,000 in February 2021, which was around 106% above the average February 2021 detached price in the Winchester local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

TEGG LEA Sold Prices

Land registry data shows two sales for TEGG LEA 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 TEGG LEA 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
2021 12 FEB	£1,385,000	£672,955	106% above HPI
2010 24 JUN	£875,000	£466,014	88% above HPI

TEGG LEA 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 TEGG LEA sales from June 2010 and February 2021 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 June 2010 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the February 2021 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is TEGG LEA?

TEGG LEA is 252m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where TEGG LEA lies on this distribution: 91% of detached houses are smaller than TEGG LEA, and 9% of houses are larger. Note that EPC data is not available for all properties in Winchester.

TEGG LEA: Plot and Title Map

TEGG LEA sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of TEGG LEA, 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 TEGG LEA). 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 TEGG LEA?

TEGG LEA is located on LANHAM LANE in WINCHESTER, in the SO22 postcode district. The below map shows the position of TEGG LEA on LANHAM LANE.