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
3 CHESTNUT AVENUE is a midsized extended detached house of 114m², built sometime between 1900 and 1929. It was last sold for £335,000 in April 2018, which was around 25% below the average April 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 3 CHESTNUT AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the four 3 CHESTNUT AVENUE 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 25 APR | £335,000 | £447,386 | 25% below HPI |
2011 8 FEB | £181,000 | £314,531 | 42% below HPI |
2001 2 AUG | £133,000 | £201,100 | 34% below HPI |
1997 7 MAR | £83,000 | £109,570 | 24% below HPI |
The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The four 3 CHESTNUT AVENUE sales between March 1997 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 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
3 CHESTNUT AVENUE is 114m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 3 CHESTNUT AVENUE lies on this distribution: 53% of detached houses are smaller than 3 CHESTNUT AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.
3 CHESTNUT AVENUE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 3 CHESTNUT AVENUE, 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 3 CHESTNUT AVENUE). 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.
3 CHESTNUT AVENUE is located in EASTLEIGH, in the SO50 postcode district. The below map shows the position of No. 3 on CHESTNUT AVENUE.