2A, REEVES WAY, BURSLEDON, SOUTHAMPTON, SO31 8FW - £367,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2A REEVES WAY is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £354,192. It was last sold for £367,500 in December 2022, which was around 32% below the average December 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

2A REEVES WAY Sold Prices

Land registry data shows three sales for 2A REEVES WAY 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 2A REEVES WAY 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
2022 2 DEC	£367,500	£543,207	32% below HPI
2013 4 MAR	£202,500	£323,372	37% below HPI
2009 5 NOV	£210,000	£295,975	29% below HPI

2A REEVES WAY 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 2A REEVES WAY sales between November 2009 and December 2022 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 March 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2A REEVES WAY be worth now?

2A REEVES WAY might now be worth an estimated £354,192.

This is based on house price deflation of 3.6%, between December 2022 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 3.6% deflationary decrease is applied to the most recent sale price for 2A REEVES WAY of £367,500 on 2nd December 2022. For the value to have decreased from £367,500 to £354,192 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2A REEVES WAY has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The December 2022 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 2A REEVES WAY has not materially changed since December 2022.

How Large is 2A REEVES WAY?

2A REEVES WAY is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Bursledon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bursledon, and where 2A REEVES WAY lies on this distribution: 6% of detached houses houses are smaller than 2A REEVES WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

2A REEVES WAY: Plot and Title Map

2A REEVES WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2A REEVES 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 2A REEVES 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 2A REEVES WAY?

2A REEVES WAY is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 2A on REEVES WAY.