THE MERRIES, BOYNESWOOD ROAD, MEDSTEAD, ALTON, GU34 5EA - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE MERRIES is a midsized detached house of 162m², built sometime from 2007 onwards, which could now be worth an estimated £674,469. It was last sold for £575,000 in July 2017, which was around 2% below the average July 2017 detached price in the East Hampshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

THE MERRIES Sold Prices

Land registry data shows three sales for THE MERRIES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Two of the three THE MERRIES sales were for below the average price, whilst one was 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
2017 31 JUL	£575,000	£584,180	2% below HPI
2011 15 APR	£450,000	£424,807	6% above HPI
1999 29 OCT	£107,000	£202,692	47% below HPI

THE MERRIES 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 three THE MERRIES sales between October 1999 and July 2017 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 April 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might THE MERRIES be worth now?

THE MERRIES might now be worth an estimated £674,469.

This is based on house price inflation of 17.3%, between July 2017 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.3% inflationary increase is applied to the most recent sale price for THE MERRIES of £575,000 on 31st July 2017. For the value to have increased from £575,000 to £674,469 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of THE MERRIES has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The July 2017 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of THE MERRIES has not materially changed since July 2017.

How Large is THE MERRIES?

THE MERRIES is 162m² according to the EPC inspection conducted in May 2016. This puts it in the largest 50% of detached houses houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medstead, and where THE MERRIES lies on this distribution: 54% of detached houses houses are smaller than THE MERRIES, and 46% of houses are larger. Note that EPC data is not available for all properties in Medstead.

THE MERRIES: Plot and Title Map

THE MERRIES sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of THE MERRIES, 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 MERRIES). 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 MERRIES?

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