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

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.

16 REEDLING DRIVE is a midsized extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £574,665. It was last sold for £472,000 in December 2017, which was around 11% 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	£423,856	11% above HPI
2006 20 JAN	£259,950	£278,896	7% below HPI
2003 16 OCT	£248,000	£258,375	4% below HPI
2000 30 AUG	£145,000	£162,330	11% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 16 REEDLING DRIVE be worth now?

16 REEDLING DRIVE might now be worth an estimated £574,665.

This is based on house price inflation of 21.8%, between December 2017 and February 2025, for detached houses, in the Portsmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.8% inflationary increase is applied to the most recent sale price for 16 REEDLING DRIVE of £472,000 on 20th December 2017. For the value to have increased from £472,000 to £574,665 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 REEDLING DRIVE has moved in line with the HPI for detached houses in the Portsmouth local authority area.
• The December 2017 sale price of £472,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REEDLING DRIVE has not materially changed since December 2017.

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 houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 16 REEDLING DRIVE lies on this distribution: 43% of detached houses 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.