2, REEDLING DRIVE, SOUTHSEA, PO4 8UF - £357,500

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.

2 REEDLING DRIVE is a midsized detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £613,321. It was last sold for £357,500 in November 2012, which was around 19% above the average November 2012 detached price in the Portsmouth local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

2 REEDLING DRIVE Sold Prices

Land registry data shows three sales for 2 REEDLING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the three 2 REEDLING DRIVE sales were for above 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 30 NOV	£357,500	£300,801	19% above HPI
2001 14 MAR	£184,000	£171,361	7% above HPI
2000 31 MAY	£170,000	£159,965	6% above HPI

2 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 three 2 REEDLING DRIVE sales between May 2000 and November 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 March 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2012 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 2 REEDLING DRIVE be worth now?

2 REEDLING DRIVE might now be worth an estimated £613,321.

This is based on house price inflation of 71.6%, between November 2012 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 71.6% inflationary increase is applied to the most recent sale price for 2 REEDLING DRIVE of £357,500 on 30th November 2012. For the value to have increased from £357,500 to £613,321 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 REEDLING DRIVE has moved in line with the HPI for detached houses in the Portsmouth local authority area.
• The November 2012 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 2 REEDLING DRIVE has not materially changed since November 2012.

How Large is 2 REEDLING DRIVE?

2 REEDLING DRIVE is 118m² according to the EPC inspection conducted in March 2014. 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 2 REEDLING DRIVE lies on this distribution: 48% of detached houses houses are smaller than 2 REEDLING DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

2 REEDLING DRIVE: Plot and Title Map

2 REEDLING DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 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 2 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 2 REEDLING DRIVE?

2 REEDLING DRIVE is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 2 on REEDLING DRIVE.