3, REEVES WAY, BURSLEDON, SOUTHAMPTON, SO31 8FU - £152,000

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

3 REEVES WAY is a very small extended semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £308,895. It was last sold for £152,000 in December 2003, which was around 9% below the average December 2003 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

3 REEVES WAY Sold Prices

Land registry data shows two sales for 3 REEVES WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. Both of the two 3 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
2003 17 DEC	£152,000	£166,407	9% below HPI
1997 18 APR	£58,000	£64,481	10% below HPI

3 REEVES WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 3 REEVES WAY sales from April 1997 and December 2003 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 April 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2003 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 REEVES WAY be worth now?

3 REEVES WAY might now be worth an estimated £308,895.

This is based on house price inflation of 103.2%, between December 2003 and February 2025, for semi-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 103.2% inflationary increase is applied to the most recent sale price for 3 REEVES WAY of £152,000 on 17th December 2003. For the value to have increased from £152,000 to £308,895 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 REEVES WAY has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The December 2003 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 3 REEVES WAY has not materially changed since December 2003.

How Large is 3 REEVES WAY?

3 REEVES WAY is 84m², which includes two extensions, according to the EPC inspection conducted in December 2024. This puts it in the smallest 10% of semi-detached houses houses in Bursledon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bursledon, and where 3 REEVES WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 3 REEVES WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

3 REEVES WAY: Plot and Title Map

3 REEVES WAY sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 3 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 3 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 3 REEVES WAY?

3 REEVES WAY is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 3 on REEVES WAY.