2, RUSSELL WAY, PETERSFIELD, GU31 4LD - £887,500

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 RUSSELL WAY is a very large extended detached house of 190m², built sometime between 1967 and 1975, which could now be worth an estimated £1,003,546. It was last sold for £887,500 in October 2018, which was around 46% above the average October 2018 detached price in the East Hampshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

2 RUSSELL WAY Sold Prices

Land registry data shows two sales for 2 RUSSELL 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 East Hampshire local authority area for the corresponding sale date. Both of the two 2 RUSSELL WAY 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
2018 2 OCT	£887,500	£605,999	46% above HPI
2013 12 DEC	£500,000	£453,422	10% above HPI

2 RUSSELL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 2 RUSSELL WAY sales from December 2013 and October 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 December 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 2 RUSSELL WAY be worth now?

2 RUSSELL WAY might now be worth an estimated £1,003,546.

This is based on house price inflation of 13.1%, between October 2018 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.1% inflationary increase is applied to the most recent sale price for 2 RUSSELL WAY of £887,500 on 2nd October 2018. For the value to have increased from £887,500 to £1,003,546 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 RUSSELL WAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The October 2018 sale price of £887,500 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSELL WAY has not materially changed since October 2018.

How Large is 2 RUSSELL WAY?

2 RUSSELL WAY is 190m², which includes three extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petersfield, and where 2 RUSSELL WAY lies on this distribution: 84% of detached houses houses are smaller than 2 RUSSELL WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

2 RUSSELL WAY: Plot and Title Map

2 RUSSELL WAY sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 2 RUSSELL 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 RUSSELL 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 2 RUSSELL WAY?

2 RUSSELL WAY is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 2 on RUSSELL WAY.