2, MILNER COTTAGES, WINCHESTER ROAD, WALTHAM CHASE, SOUTHAMPTON, SO32 2EP - £257,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MILNER COTTAGES is a very small semi-detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £292,670. It was last sold for £257,000 in September 2020, which was around 40% below the average September 2020 semi-detached price in the Winchester local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

2 MILNER COTTAGES Sold Prices

Land registry data shows four sales for 2 MILNER COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. All of the four 2 MILNER COTTAGES 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
2020 23 SEP	£257,000	£428,555	40% below HPI
2017 1 DEC	£260,000	£407,471	36% below HPI
2015 23 APR	£215,000	£352,686	39% below HPI
2004 7 DEC	£172,950	£244,659	29% below HPI

2 MILNER COTTAGES Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The four 2 MILNER COTTAGES sales between December 2004 and September 2020 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 December 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 MILNER COTTAGES be worth now?

2 MILNER COTTAGES might now be worth an estimated £292,670.

This is based on house price inflation of 13.9%, between September 2020 and February 2025, for semi-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 13.9% inflationary increase is applied to the most recent sale price for 2 MILNER COTTAGES of £257,000 on 23rd September 2020. For the value to have increased from £257,000 to £292,670 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MILNER COTTAGES has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The September 2020 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MILNER COTTAGES has not materially changed since September 2020.

How Large is 2 MILNER COTTAGES?

2 MILNER COTTAGES is 78m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Waltham Chase, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Waltham Chase, and where 2 MILNER COTTAGES lies on this distribution: 6% of semi-detached houses houses are smaller than 2 MILNER COTTAGES, and 93% of houses are larger. Note that EPC data is not available for all properties in Waltham Chase.

2 MILNER COTTAGES: Plot and Title Map

2 MILNER COTTAGES sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 2 MILNER COTTAGES, 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 2 MILNER COTTAGES). 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 2 MILNER COTTAGES?

2 MILNER COTTAGES is located on WINCHESTER ROAD in WALTHAM CHASE, in the SO32 postcode district. The below map shows the position of 2 MILNER COTTAGES on WINCHESTER ROAD.