2, THE RIDINGS, PYLANDS LANE, BURSLEDON, SOUTHAMPTON, SO31 1BH - £995,000

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

2 THE RIDINGS is a very large detached house of 308m². It was last sold for £995,000 in July 2019, which was around 122% above the average July 2019 detached price in the Eastleigh local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was B.

2 THE RIDINGS Sold Prices

Land registry data shows two sales for 2 THE RIDINGS 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. One of the two 2 THE RIDINGS sales was for above the average price, whilst the other was 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
2019 26 JUL	£995,000	£448,440	122% above HPI
2018 11 MAY	£300,000	£448,600	33% below HPI

2 THE RIDINGS 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 2 THE RIDINGS sales from May 2018 and July 2019 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 May 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2019 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is 2 THE RIDINGS?

2 THE RIDINGS is 308m² according to the EPC inspection conducted in June 2019. This puts it in the largest 10% 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 THE RIDINGS lies on this distribution: More than 99% of detached houses are smaller than 2 THE RIDINGS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

2 THE RIDINGS: Plot and Title Map

2 THE RIDINGS sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of 2 THE RIDINGS, 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 THE RIDINGS). 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 THE RIDINGS?

2 THE RIDINGS is located on PYLANDS LANE in BURSLEDON, in the SO31 postcode district. The below map shows the position of 2 THE RIDINGS on PYLANDS LANE.