THE FARMHOUSE, HOMESTEAD ROAD, MEDSTEAD, ALTON, GU34 5PW - £550,000

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

THE FARMHOUSE is a small extended detached house of 126m², built sometime between 1950 and 1966. It was last sold for £550,000 in June 2020, which was around 4% below the average June 2020 detached price in the East Hampshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

THE FARMHOUSE Sold Prices

Land registry data shows two sales for THE FARMHOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two THE FARMHOUSE 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
2020 10 JUN	£550,000	£572,535	4% below HPI
2010 20 AUG	£370,000	£414,175	11% below HPI

THE FARMHOUSE 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 two THE FARMHOUSE sales from August 2010 and June 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE FARMHOUSE?

THE FARMHOUSE is 126m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% of detached houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses by size in Medstead, and where THE FARMHOUSE lies on this distribution: 25% of detached houses are smaller than THE FARMHOUSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Medstead.

THE FARMHOUSE: Plot and Title Map

THE FARMHOUSE sits on a plot of roughly 0.240 of an acre, or 971m². The below map shows the location of THE FARMHOUSE, 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 THE FARMHOUSE). 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 THE FARMHOUSE?

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