THE GABLES, PARK LANE, OTTERBOURNE, WINCHESTER, SO21 2HY - £500,000

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

THE GABLES is a midsized extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £500,000 in June 2018, which was around 23% below the average June 2018 detached price in the Winchester local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

THE GABLES Sold Prices

Land registry data shows two sales for THE GABLES 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 THE GABLES 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
2018 5 JUN	£500,000	£651,552	23% below HPI
1995 28 NOV	£95,000	£138,899	32% below HPI

THE GABLES 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 THE GABLES sales from November 1995 and June 2018 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 November 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE GABLES?

THE GABLES is 118m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where THE GABLES lies on this distribution: 59% of detached houses are smaller than THE GABLES, and 41% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of THE GABLES, 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 GABLES). 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 GABLES?

THE GABLES is located on PARK LANE in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of THE GABLES on PARK LANE.