16, REEDLING DRIVE, SOUTHSEA, PO4 8UF - £472,000

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

16 REEDLING DRIVE is a midsized extended detached house of 111m², built sometime between 1996 and 2002. It was last sold for £472,000 in December 2017, which was around 14% above the average December 2017 detached price in the Portsmouth local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

16 REEDLING DRIVE Sold Prices

Land registry data shows four sales for 16 REEDLING DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Most of the four 16 REEDLING 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
2017 20 DEC	£472,000	£412,509	14% above HPI
2006 20 JAN	£259,950	£271,430	4% below HPI
2003 16 OCT	£248,000	£251,458	1% below HPI
2000 30 AUG	£145,000	£157,984	8% below HPI

16 REEDLING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The four 16 REEDLING DRIVE sales between August 2000 and December 2017 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 January 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 16 REEDLING DRIVE?

16 REEDLING DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 16 REEDLING DRIVE lies on this distribution: 43% of detached houses are smaller than 16 REEDLING DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

16 REEDLING DRIVE: Plot and Title Map

16 REEDLING DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 16 REEDLING 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 16 REEDLING 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 16 REEDLING DRIVE?

16 REEDLING DRIVE is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 16 on REEDLING DRIVE.