3, REEDLING DRIVE, SOUTHSEA, PO4 8UF - £470,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 REEDLING DRIVE is a large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £470,000 in November 2015, which was around 32% above the average November 2015 detached price in the Portsmouth local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

3 REEDLING DRIVE Sold Prices

Land registry data shows two sales for 3 REEDLING DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Both of the two 3 REEDLING DRIVE sales were for above 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
2015 27 NOV	£470,000	£357,355	32% above HPI
2000 15 NOV	£192,000	£164,333	17% above HPI

3 REEDLING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 3 REEDLING DRIVE sales from November 2000 and November 2015 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 November 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2015 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 3 REEDLING DRIVE?

3 REEDLING DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 3 REEDLING DRIVE lies on this distribution: 72% of detached houses are smaller than 3 REEDLING DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

3 REEDLING DRIVE: Plot and Title Map

3 REEDLING DRIVE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 3 REEDLING DRIVE, 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 REEDLING DRIVE). 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 3 REEDLING DRIVE?

3 REEDLING DRIVE is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 3 on REEDLING DRIVE.