21, MEARS ROAD, FAIR OAK, EASTLEIGH, SO50 7NB - £375,000

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

21 MEARS ROAD is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £375,000 in April 2018, which was around 16% below the average April 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

21 MEARS ROAD Sold Prices

Land registry data shows three sales for 21 MEARS ROAD since 1^st 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 21 MEARS ROAD 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
2018 19 APR	£375,000	£447,386	16% below HPI
2009 27 FEB	£225,000	£278,677	19% below HPI
1999 14 MAY	£114,950	£134,625	15% below HPI

21 MEARS ROAD 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 three 21 MEARS ROAD sales between May 1999 and April 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 February 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 21 MEARS ROAD?

21 MEARS ROAD is 84m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 21 MEARS ROAD lies on this distribution: 16% of detached houses are smaller than 21 MEARS ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

21 MEARS ROAD: Plot and Title Map

21 MEARS ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 21 MEARS ROAD, 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 21 MEARS ROAD). 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 21 MEARS ROAD?

21 MEARS ROAD is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 21 on MEARS ROAD.