WESTWOOD, HOMESTEAD ROAD, MEDSTEAD, ALTON, GU34 5NA - £1,450,000

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

WESTWOOD is a very large detached house of 265m², built sometime between 1991 and 1995. It was last sold for £1,450,000 in February 2023, which was around 112% above the average February 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

WESTWOOD Sold Prices

Land registry data shows four sales for WESTWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the four WESTWOOD 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 14 FEB	£1,450,000	£682,998	112% above HPI
2014 13 FEB	£795,000	£431,630	84% above HPI
2000 4 AUG	£626,000	£224,189	179% above HPI
1996 15 MAR	£288,000	£117,824	144% above HPI

WESTWOOD 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 four WESTWOOD sales between March 1996 and February 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 February 2014 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the February 2023 sale, where it rises to 112% above the HPI. The line then continues to track at 112% above the HPI.

How Large is WESTWOOD?

WESTWOOD is 265m² according to the EPC inspection conducted in April 2013. This puts it in the largest 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 WESTWOOD lies on this distribution: 95% of detached houses are smaller than WESTWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Medstead.

WESTWOOD: Plot and Title Map

WESTWOOD sits on a plot of roughly 0.469 of an acre, or 1,900m². The below map shows the location of WESTWOOD, 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 WESTWOOD). 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 WESTWOOD?

WESTWOOD is located on HOMESTEAD ROAD in MEDSTEAD, in the GU34 postcode district. The below map shows the position of WESTWOOD on HOMESTEAD ROAD.