According to the public record, 2 Lippen Cottages, Petersfield is a period freehold house with 1,108 ft2 of internal area and sits on a 637 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
West Meon, Petersfield, GU32 is located in the borough of Winchester within the GU32 postal district.
2 Lippen Cottages, Petersfield has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Lippen Cottages Petersfield as £582,382 and the rental value as £2,100 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Lippen Cottages Petersfield has increased by £11,101 (1.9%) and its rental value has increased by £115 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Lippen Cottages, Petersfield is in very good condition we estimate a sale value of £611,501 and rental value of £2,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,615 and a rental value of £1,953 per month.
If you were able to purchase this property for the estimated value of £582,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,862 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2 Lippen Cottages, Petersfield sits on a plot of 637m2.
We have plot size data on 4 out of 7 other houses in the postcode and 2 Lippen Cottages, Petersfield sits on the 4th largest plot.
According to HM Land Registry, 2 Lippen Cottages, Petersfield was last sold on 25 Jun 2015 for £515,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Lippen Cottages, Petersfield within a radius of 6.3 kilometres over the last 2 years.
The most recent example is 4, Doctors Lane, Petersfield, GU32 1LW, a Freehold house which sold for £623,500 in Mar 2024.
Read more about house prices in GU32.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Meon, Petersfield, GU32 has a total of 172 addresses. According to our analysis of all the public data, 2 Lippen Cottages, Petersfield is the 119th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in GU32.
2 Lippen Cottages, Petersfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2022.
The property is not connected to mains gas and has some double glazing. It is heated using electric storage heaters.
The closest station to 2 Lippen Cottages, Petersfield is Petersfield station which is 10.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Lippen Cottages, Petersfield, 40.0% of property is privately owned outright and 30.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Lippen Cottages, Petersfield, 17.2% of residents are recorded as possessing school level qualifications and 49.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Lippen Cottages, Petersfield, the average age was 45.5 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Lippen Cottages, Petersfield, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Lippen Cottages, Petersfield, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.