24, THE GROVE, BUTLOCKS HEATH, SOUTHAMPTON, SO31 5FP - £395,000

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

24 THE GROVE is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £395,000 in May 2019, which was around 12% below the average May 2019 detached price in the Eastleigh local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

24 THE GROVE Sold Prices

Land registry data shows three sales for 24 THE GROVE 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 24 THE GROVE 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
2019 17 MAY	£395,000	£450,235	12% below HPI
2001 29 JUN	£154,000	£193,117	20% below HPI
1997 27 MAR	£90,000	£109,570	18% below HPI

24 THE GROVE 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 24 THE GROVE sales between March 1997 and May 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 June 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 24 THE GROVE?

24 THE GROVE is 98m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses in Butlocks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Butlocks Heath, and where 24 THE GROVE lies on this distribution: 25% of detached houses are smaller than 24 THE GROVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Butlocks Heath.

24 THE GROVE: Plot and Title Map

24 THE GROVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 24 THE GROVE, 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 24 THE GROVE). 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 24 THE GROVE?

24 THE GROVE is located in BUTLOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 24 on THE GROVE.