THE OAKS, BUDDENS ROAD, WICKHAM, FAREHAM, PO17 5HG - £280,000

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 OAKS is a very small detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £563,453. It was last sold for £280,000 in August 2004, which was around 29% below the average August 2004 detached price in the Winchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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 OAKS 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
2004 13 AUG	£280,000	£397,163	29% below HPI
2003 22 AUG	£250,000	£372,237	33% below HPI

THE OAKS 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 OAKS sales from August 2003 and August 2004 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 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2004 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might THE OAKS be worth now?

THE OAKS might now be worth an estimated £563,453.

This is based on house price inflation of 101.2%, between August 2004 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 101.2% inflationary increase is applied to the most recent sale price for THE OAKS of £280,000 on 13th August 2004. For the value to have increased from £280,000 to £563,453 over the nineteen years and eight months to December 2024, the following assumptions must hold true:

• The value of THE OAKS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The August 2004 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of THE OAKS has not materially changed since August 2004.

How Large is THE OAKS?

THE OAKS is 103m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in Wickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickham, and where THE OAKS lies on this distribution: 18% of detached houses houses are smaller than THE OAKS, and 82% of houses are larger. Note that EPC data is not available for all properties in Wickham.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on BUDDENS ROAD in WICKHAM, in the PO17 postcode district. The below map shows the position of THE OAKS on BUDDENS ROAD.