THE NEST, SOUTH TOWN ROAD, MEDSTEAD, ALTON, GU34 5ES - £860,000

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 NEST is a large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £860,000 in June 2023, which was around 32% above the average June 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

THE NEST Sold Prices

Land registry data shows three sales for THE NEST 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. All of the three THE NEST 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
2023 29 JUN	£860,000	£649,857	32% above HPI
2006 14 DEC	£525,000	£364,692	44% above HPI
2000 3 AUG	£350,000	£224,189	56% above HPI

THE NEST 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 NEST sales between August 2000 and June 2023 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 December 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2023 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is THE NEST?

THE NEST is 177m², which includes three extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% 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 NEST lies on this distribution: 63% of detached houses are smaller than THE NEST, and 37% of houses are larger. Note that EPC data is not available for all properties in Medstead.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of THE NEST, 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 NEST). 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 NEST?

THE NEST is located on SOUTH TOWN ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of THE NEST on SOUTH TOWN ROAD.