3, WADEBRIDGE RISE, MEDSTEAD, ALTON, GU34 5NZ - £518,000

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 WADEBRIDGE RISE is a very small detached house of 110m², which could now be worth an estimated £583,424. It was last sold for £518,000 in November 2020, which was around 18% below the average November 2020 detached price in the East Hampshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

3 WADEBRIDGE RISE Sold Prices

Land registry data shows two sales for 3 WADEBRIDGE RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two 3 WADEBRIDGE RISE 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 6 NOV	£518,000	£632,461	18% below HPI
2018 15 JUN	£470,000	£617,749	24% below HPI

3 WADEBRIDGE RISE 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 two 3 WADEBRIDGE RISE sales from June 2018 and November 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 June 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 WADEBRIDGE RISE be worth now?

3 WADEBRIDGE RISE might now be worth an estimated £583,424.

This is based on house price inflation of 12.6%, between November 2020 and June 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 3 WADEBRIDGE RISE of £518,000 on 6th November 2020. For the value to have increased from £518,000 to £583,424 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 3 WADEBRIDGE RISE has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The November 2020 sale price of £518,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WADEBRIDGE RISE has not materially changed since November 2020.

How Large is 3 WADEBRIDGE RISE?

3 WADEBRIDGE RISE is 110m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Medstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Medstead, and where 3 WADEBRIDGE RISE lies on this distribution: 16% of detached houses houses are smaller than 3 WADEBRIDGE RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Medstead.

3 WADEBRIDGE RISE: Plot and Title Map

3 WADEBRIDGE RISE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 3 WADEBRIDGE RISE, 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 WADEBRIDGE RISE). 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 WADEBRIDGE RISE?

3 WADEBRIDGE RISE is located in MEDSTEAD, in the GU34 postcode district. The below map shows the position of No. 3 on WADEBRIDGE RISE.