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 PINES is a very small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £502,500 in June 2017, which was around 8% below the average June 2017 detached price in the East Hampshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for THE PINES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two THE PINES 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 |
---|---|---|---|
2017 29 JUN | £502,500 | £549,089 | 8% below HPI |
2013 3 OCT | £320,000 | £422,412 | 24% below HPI |
The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two THE PINES sales from October 2013 and June 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 October 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
THE PINES is 100m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 PINES lies on this distribution: 8% of detached houses are smaller than THE PINES, and 92% of houses are larger. Note that EPC data is not available for all properties in Medstead.
THE PINES sits on a plot of roughly 0.257 of an acre, or 1,040m². The below map shows the location of THE PINES, 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 PINES). 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.
THE PINES is located on BOYNESWOOD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of THE PINES on BOYNESWOOD ROAD.