THE GREY HOUSE, SOUTHWICK ROAD, NORTH BOARHUNT, FAREHAM, PO17 6JW - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE GREY HOUSE is a small extended detached house of 167m², built sometime between 1900 and 1929, which could now be worth an estimated £1,000,921. It was last sold for £475,000 in October 2003, which was around 25% above the average October 2003 detached price in the Winchester local authority area. The most recent EPC inspection was October 2009, where the current energy rating was F, and the potential energy rating was F.

THE GREY HOUSE Sold Prices

Land registry data shows two sales for THE GREY HOUSE 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 GREY HOUSE 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
2003 9 OCT	£475,000	£379,282	25% above HPI
2002 9 OCT	£400,000	£356,257	12% above HPI

THE GREY HOUSE 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 GREY HOUSE sales from October 2002 and October 2003 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 October 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2003 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might THE GREY HOUSE be worth now?

THE GREY HOUSE might now be worth an estimated £1,000,921.

This is based on house price inflation of 110.7%, between October 2003 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 110.7% inflationary increase is applied to the most recent sale price for THE GREY HOUSE of £475,000 on 9th October 2003. For the value to have increased from £475,000 to £1,000,921 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of THE GREY HOUSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2003 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE GREY HOUSE has not materially changed since October 2003.

How Large is THE GREY HOUSE?

THE GREY HOUSE is 167m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in North Boarhunt, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Boarhunt, and where THE GREY HOUSE lies on this distribution: 38% of detached houses houses are smaller than THE GREY HOUSE, and 63% of houses are larger. Note that EPC data is not available for all properties in North Boarhunt.

THE GREY HOUSE: Plot and Title Map

THE GREY HOUSE sits on a plot of roughly 1.9 acres, or 7,554m². The below map shows the location of THE GREY HOUSE, 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 GREY HOUSE). 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 GREY HOUSE?

THE GREY HOUSE is located on SOUTHWICK ROAD in NORTH BOARHUNT, in the PO17 postcode district. The below map shows the position of THE GREY HOUSE on SOUTHWICK ROAD.