28, WHEATLAND CLOSE, WINCHESTER, SO22 4QL - £625,000

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.

28 WHEATLAND CLOSE is a very small detached house of 100m², built sometime between 1983 and 1990, which could now be worth an estimated £719,459. It was last sold for £625,000 in April 2017, which was around 6% below the average April 2017 detached price in the Winchester local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

28 WHEATLAND CLOSE Sold Prices

Land registry data shows three sales for 28 WHEATLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three 28 WHEATLAND CLOSE 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 3 APR	£625,000	£666,480	6% below HPI
2005 7 JUL	£135,963	£412,679	67% below HPI
2000 10 AUG	£180,000	£260,945	31% below HPI

28 WHEATLAND CLOSE 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 three 28 WHEATLAND CLOSE sales between August 2000 and April 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 July 2005 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the April 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 28 WHEATLAND CLOSE be worth now?

28 WHEATLAND CLOSE might now be worth an estimated £719,459.

This is based on house price inflation of 15.1%, between April 2017 and May 2026, for 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 15.1% inflationary increase is applied to the most recent sale price for 28 WHEATLAND CLOSE of £625,000 on 3rd April 2017. For the value to have increased from £625,000 to £719,459 over the eight years and eleven months to May 2026, the following assumptions must hold true:

• The value of 28 WHEATLAND CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The April 2017 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WHEATLAND CLOSE has not materially changed since April 2017.

How Large is 28 WHEATLAND CLOSE?

28 WHEATLAND CLOSE is 100m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Winchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchester, and where 28 WHEATLAND CLOSE lies on this distribution: 15% of detached houses houses are smaller than 28 WHEATLAND CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Winchester.

Where is 28 WHEATLAND CLOSE?

28 WHEATLAND CLOSE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 28 on WHEATLAND CLOSE.