3, KING AELFRED COTTAGES, ROOK LANE, MICHELDEVER, WINCHESTER, SO21 3DE - £320,000

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.

3 KING AELFRED COTTAGES is a very small terraced house of 72m², built sometime between 2007 and 2011, which could now be worth an estimated £336,828. It was last sold for £320,000 in December 2020, which was around 13% below the average December 2020 terraced price in the Winchester local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

3 KING AELFRED COTTAGES Sold Prices

Land registry data shows two sales for 3 KING AELFRED COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Winchester local authority area for the corresponding sale date. One of the two 3 KING AELFRED COTTAGES sales was for below the average price, whilst the other 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
2020 11 DEC	£320,000	£369,526	13% below HPI
2007 14 FEB	£438,000	£231,655	89% above HPI

3 KING AELFRED COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Winchester local authority area over time, sourced from the HPI. The two 3 KING AELFRED COTTAGES sales from February 2007 and December 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 February 2007 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the December 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 KING AELFRED COTTAGES be worth now?

3 KING AELFRED COTTAGES might now be worth an estimated £336,828.

This is based on house price inflation of 5.3%, between December 2020 and June 2025, for terraced 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 5.3% inflationary increase is applied to the most recent sale price for 3 KING AELFRED COTTAGES of £320,000 on 11th December 2020. For the value to have increased from £320,000 to £336,828 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 3 KING AELFRED COTTAGES has moved in line with the HPI for terraced houses in the Winchester local authority area.
• The December 2020 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KING AELFRED COTTAGES has not materially changed since December 2020.

How Large is 3 KING AELFRED COTTAGES?

3 KING AELFRED COTTAGES is 72m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of terraced houses houses in Micheldever, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Micheldever, and where 3 KING AELFRED COTTAGES lies on this distribution: 3% of terraced houses houses are smaller than 3 KING AELFRED COTTAGES, and 97% of houses are larger. Note that EPC data is not available for all properties in Micheldever.

3 KING AELFRED COTTAGES: Plot and Title Map

3 KING AELFRED COTTAGES sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 3 KING AELFRED 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 3 KING AELFRED 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 3 KING AELFRED COTTAGES?

3 KING AELFRED COTTAGES is located on ROOK LANE in MICHELDEVER, in the SO21 postcode district. The below map shows the position of 3 KING AELFRED COTTAGES on ROOK LANE.