2, OLEANDER DRIVE, TOTTON, SOUTHAMPTON, SO40 8XX - £350,000

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

2 OLEANDER DRIVE is a large detached house of 110m², built sometime between 1996 and 2002. It was last sold for £350,000 in March 2016, which was around 20% below the average March 2016 detached price in the New Forest local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 OLEANDER DRIVE Sold Prices

Land registry data shows seven sales for 2 OLEANDER DRIVE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the seven 2 OLEANDER 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
2016 30 MAR	£350,000	£437,303	20% below HPI
2012 25 JUN	£295,000	£337,505	13% below HPI
2003 22 AUG	£245,000	£276,874	12% below HPI
2003 4 AUG	£243,000	£276,874	12% below HPI
2002 16 DEC	£241,500	£259,154	7% below HPI
2002 21 JUN	£219,950	£223,752	2% below HPI
2000 28 SEP	£180,000	£187,703	4% below HPI

2 OLEANDER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The seven 2 OLEANDER DRIVE sales between September 2000 and March 2016 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 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 OLEANDER DRIVE?

2 OLEANDER DRIVE is 110m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 2 OLEANDER DRIVE lies on this distribution: 63% of detached houses are smaller than 2 OLEANDER DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Totton.

2 OLEANDER DRIVE: Plot and Title Map

2 OLEANDER DRIVE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 2 OLEANDER 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 2 OLEANDER 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 2 OLEANDER DRIVE?

2 OLEANDER DRIVE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 2 on OLEANDER DRIVE.