40C, Water Lane
40C, Water Lane
Description & Estimates
40C, Water Lane, Winchester is described in the public record as a modern apartment with 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 40C, Water Lane, Winchester is £209,414 and its rental estimate is £1,029 per month, given the available information and assuming reasonable condition.
40, Water Lane is a residential building on Water Lane, Winchester, SO23 and falls within the SO23 postal district and the borough of Winchester.
Our Data Sources
40C, Water Lane, Winchester has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40C, Water Lane, Winchester, we estimate a market value of £219,885 and a rental value of £1,081 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,755 and £957 per month respectively.
Recent Market Change
Over the last year, 40C, Water Lane, Winchester has seen its estimated sale value decrease by £620 (0.3%) and its estimated rental value grow by £44 per month (4.3%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
40C, Water Lane, Winchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40C, Water Lane, Winchester have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th September 2025, was Apartment 5, Capitol House, Old Station Approach, Winchester, SO23 0AL, a leasehold flat which sold for £189,000.
Read more about house prices in SO23.
- Sold Sep 2025£189,000 | 1 Bed FlatCapitol House, Old Station ApproachApartment 5, Capitol House, Old Station Approach, Winchester, SO23 0AL
- Sold Nov 2022£221,500 | 1 Bed FlatCapitol House, Old Station ApproachApartment 4, Capitol House, Old Station Approach, Winchester, SO23 0AL
- Sold Oct 2022£295,000 | 1 Bed FlatChilcombe Heights, Quarry RoadFlat 5, Chilcombe Heights, Quarry Road, Winchester, SO23 0HR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Water Lane, Winchester, SO23, 40C, Water Lane, Winchester comes out as the 60th largest and the 60th most expensive in our analysis of the public data.
It is also £310k less expensive than the average property across the SO23 district.
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Schools Nearby
- 500mAll Saints Church of England Primary School
- 500mWinnall Primary School
- 600mSt Bede Church of England Primary School
- 2.7kmHenry Beaufort School
- 2.8kmKings' School
- 8.4kmThornden School
More reading links
Public Transport Nearby
From 40C, Water Lane, Winchester, the nearest station is Winchester, 1.1 kilometres away.
- 1.1kmWinchester
- 4.7kmShawford
- 10.3kmChandlers Ford
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
