1, OAK DRIVE, FAIR OAK, EASTLEIGH, SO50 7JT - £223,000

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.

1 OAK DRIVE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £350,738. It was last sold for £223,000 in November 2011, which was around 33% below the average November 2011 detached price in the Eastleigh local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

1 OAK DRIVE Sold Prices

Land registry data shows two sales for 1 OAK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Both of the two 1 OAK DRIVE 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
2011 18 NOV	£223,000	£332,865	33% below HPI
2007 14 DEC	£230,000	£338,315	32% below HPI

1 OAK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 1 OAK DRIVE sales from December 2007 and November 2011 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 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2011 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 OAK DRIVE be worth now?

1 OAK DRIVE might now be worth an estimated £350,738.

This is based on house price inflation of 57.3%, between November 2011 and February 2025, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.3% inflationary increase is applied to the most recent sale price for 1 OAK DRIVE of £223,000 on 18th November 2011. For the value to have increased from £223,000 to £350,738 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 OAK DRIVE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The November 2011 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OAK DRIVE has not materially changed since November 2011.

How Large is 1 OAK DRIVE?

1 OAK DRIVE is 84m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastleigh, and where 1 OAK DRIVE lies on this distribution: 16% of detached houses houses are smaller than 1 OAK DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

1 OAK DRIVE: Plot and Title Map

1 OAK DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 OAK DRIVE, 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 1 OAK DRIVE). 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 1 OAK DRIVE?

1 OAK DRIVE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 1 on OAK DRIVE.