1, STEPHENSON WAY, HEDGE END, SOUTHAMPTON, SO30 2WR - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 STEPHENSON WAY is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £275,000 in October 2004, which was around 6% below the average October 2004 detached price in the Eastleigh local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

1 STEPHENSON WAY Sold Prices

Land registry data shows two sales for 1 STEPHENSON WAY 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. One of the two 1 STEPHENSON WAY sales was for below the average price, whilst the other was for above 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
2004 22 OCT	£275,000	£291,933	6% below HPI
1997 20 JUN	£113,500	£108,847	4% above HPI

1 STEPHENSON WAY 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 STEPHENSON WAY sales from June 1997 and October 2004 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 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2004 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 STEPHENSON WAY?

1 STEPHENSON WAY is 86m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 1 STEPHENSON WAY lies on this distribution: 19% of detached houses are smaller than 1 STEPHENSON WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

1 STEPHENSON WAY: Plot and Title Map

1 STEPHENSON WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 1 STEPHENSON WAY, 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 STEPHENSON WAY). 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 STEPHENSON WAY?

1 STEPHENSON WAY is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 1 on STEPHENSON WAY.