3, WOODLEA CLOSE, WINCHESTER, SO22 6DW - £650,000

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 WOODLEA CLOSE is a small extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £711,501. It was last sold for £650,000 in February 2018, which was around 4% below the average February 2018 detached price in the Winchester local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

3 WOODLEA CLOSE Sold Prices

Land registry data shows two sales for 3 WOODLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 3 WOODLEA 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
2018 1 FEB	£650,000	£679,503	4% below HPI
2014 4 DEC	£415,000	£580,392	28% below HPI

3 WOODLEA 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 two 3 WOODLEA CLOSE sales from December 2014 and February 2018 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 WOODLEA CLOSE be worth now?

3 WOODLEA CLOSE might now be worth an estimated £711,501.

This is based on house price inflation of 9.5%, between February 2018 and June 2025, 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 9.5% inflationary increase is applied to the most recent sale price for 3 WOODLEA CLOSE of £650,000 on 1st February 2018. For the value to have increased from £650,000 to £711,501 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 WOODLEA CLOSE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The February 2018 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOODLEA CLOSE has not materially changed since February 2018.

How Large is 3 WOODLEA CLOSE?

3 WOODLEA CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% 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 3 WOODLEA CLOSE lies on this distribution: 25% of detached houses houses are smaller than 3 WOODLEA CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Winchester.

3 WOODLEA CLOSE: Plot and Title Map

3 WOODLEA CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 3 WOODLEA CLOSE, 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 WOODLEA CLOSE). 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 WOODLEA CLOSE?

3 WOODLEA CLOSE is located in WINCHESTER, in the SO22 postcode district. The below map shows the position of No. 3 on WOODLEA CLOSE.