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

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.

21 MEARS ROAD is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £433,737. It was last sold for £375,000 in April 2018, which was around 17% 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	£452,638	17% below HPI
2009 27 FEB	£225,000	£281,949	20% below HPI
1999 14 MAY	£114,950	£136,206	16% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 21 MEARS ROAD be worth now?

21 MEARS ROAD might now be worth an estimated £433,737.

This is based on house price inflation of 15.7%, between April 2018 and February 2025, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 21 MEARS ROAD of £375,000 on 19th April 2018. For the value to have increased from £375,000 to £433,737 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 21 MEARS ROAD has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The April 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MEARS ROAD has not materially changed since April 2018.

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 houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastleigh, and where 21 MEARS ROAD lies on this distribution: 16% of detached houses 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.