WELL COTTAGE, BOYNESWOOD ROAD, MEDSTEAD, ALTON, GU34 5EA - £435,000

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

WELL COTTAGE is a small extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £435,000 in September 2014, which was around 5% below the average September 2014 detached price in the East Hampshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

WELL COTTAGE Sold Prices

Land registry data shows three sales for WELL COTTAGE 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 WELL COTTAGE 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
2014 9 SEP	£435,000	£456,891	5% below HPI
2006 16 AUG	£453,000	£364,051	24% above HPI
2004 30 JAN	£250,000	£322,290	22% below HPI

WELL COTTAGE 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 WELL COTTAGE sales between January 2004 and September 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 August 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is WELL COTTAGE?

WELL COTTAGE is 135m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 WELL COTTAGE lies on this distribution: 32% of detached houses are smaller than WELL COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Medstead.

WELL COTTAGE: Plot and Title Map

WELL COTTAGE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of WELL COTTAGE, 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 WELL COTTAGE). 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 WELL COTTAGE?

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