18, REEVES WAY, BURSLEDON, SOUTHAMPTON, SO31 8FW - £176,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 REEVES WAY is a very small extended detached house of 79m², built sometime between 1976 and 1982. It was last sold for £176,000 in September 2006, which was around 41% below the average September 2006 detached price in the Eastleigh local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was B.

18 REEVES WAY Sold Prices

Land registry data shows two sales for 18 REEVES 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. Both of the two 18 REEVES WAY 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
2006 14 SEP	£176,000	£299,164	41% below HPI
1997 8 APR	£55,500	£108,050	49% below HPI

18 REEVES 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 18 REEVES WAY sales from April 1997 and September 2006 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 April 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2006 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 18 REEVES WAY?

18 REEVES WAY is 79m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Bursledon, based on EPC data. The below chart shows the distribution of detached houses by size in Bursledon, and where 18 REEVES WAY lies on this distribution: 7% of detached houses are smaller than 18 REEVES WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

18 REEVES WAY: Plot and Title Map

18 REEVES WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 18 REEVES 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 18 REEVES 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 18 REEVES WAY?

18 REEVES WAY is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 18 on REEVES WAY.