17, LAUNCESTON DRIVE, EASTLEIGH, SO50 4QE - £395,000

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.

17 LAUNCESTON DRIVE is a very large extended detached house of 141m², built sometime between 1976 and 1982, which could now be worth an estimated £461,141. It was last sold for £395,000 in February 2018, which was around 12% below the average February 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

17 LAUNCESTON DRIVE Sold Prices

Land registry data shows two sales for 17 LAUNCESTON 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 17 LAUNCESTON 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
2018 22 FEB	£395,000	£448,446	12% below HPI
2003 28 FEB	£245,000	£266,689	8% below HPI

17 LAUNCESTON 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 17 LAUNCESTON DRIVE sales from February 2003 and February 2018 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 February 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 LAUNCESTON DRIVE be worth now?

17 LAUNCESTON DRIVE might now be worth an estimated £461,141.

This is based on house price inflation of 16.7%, between February 2018 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 16.7% inflationary increase is applied to the most recent sale price for 17 LAUNCESTON DRIVE of £395,000 on 22nd February 2018. For the value to have increased from £395,000 to £461,141 over the seven years to February 2025, the following assumptions must hold true:

• The value of 17 LAUNCESTON DRIVE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The February 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LAUNCESTON DRIVE has not materially changed since February 2018.

How Large is 17 LAUNCESTON DRIVE?

17 LAUNCESTON DRIVE is 141m², which includes four extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 17 LAUNCESTON DRIVE lies on this distribution: 81% of detached houses houses are smaller than 17 LAUNCESTON DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

17 LAUNCESTON DRIVE: Plot and Title Map

17 LAUNCESTON DRIVE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 17 LAUNCESTON 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 17 LAUNCESTON 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 17 LAUNCESTON DRIVE?

17 LAUNCESTON DRIVE is located in EASTLEIGH, in the SO50 postcode district. The below map shows the position of No. 17 on LAUNCESTON DRIVE.