THE STUDIO, NORTHBROOK AVENUE, WINCHESTER, SO23 0JW - £672,500

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 STUDIO is a large extended detached house of 172m², built sometime between 1996 and 2002. It was last sold for £672,500 in February 2014, which was around 27% above the average February 2014 detached price in the Winchester local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

THE STUDIO Sold Prices

Land registry data shows two sales for THE STUDIO 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 STUDIO 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
2014 7 FEB	£672,500	£530,978	27% above HPI
2006 17 FEB	£421,000	£411,163	2% above HPI

THE STUDIO 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 STUDIO sales from February 2006 and February 2014 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 February 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2014 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is THE STUDIO?

THE STUDIO is 172m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses by size in Winchester, and where THE STUDIO lies on this distribution: 66% of detached houses are smaller than THE STUDIO, and 33% of houses are larger. Note that EPC data is not available for all properties in Winchester.

THE STUDIO: Plot and Title Map

THE STUDIO sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of THE STUDIO, 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 STUDIO). 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 STUDIO?

THE STUDIO is located on NORTHBROOK AVENUE in WINCHESTER, in the SO23 postcode district. The below map shows the position of THE STUDIO on NORTHBROOK AVENUE.