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
2 PEPPERCORN WAY is a very small semi-detached house of 84m², built sometime between 1996 and 2002. It was last sold for £218,000 in December 2012, which was around 32% below the average December 2012 detached price in the Eastleigh local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 2 PEPPERCORN WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 2 PEPPERCORN 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 |
---|---|---|---|
2012 14 DEC | £218,000 | £322,083 | 32% below HPI |
2003 20 JUN | £195,000 | £268,381 | 27% below HPI |
1998 8 MAY | £104,950 | £124,511 | 16% below HPI |
The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 2 PEPPERCORN WAY sales between May 1998 and December 2012 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
2 PEPPERCORN WAY is 84m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 2 PEPPERCORN WAY lies on this distribution: 17% of detached houses are smaller than 2 PEPPERCORN WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Hedge End.
2 PEPPERCORN WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 PEPPERCORN 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 2 PEPPERCORN 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.
2 PEPPERCORN WAY is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 2 on PEPPERCORN WAY.