3, RICHLANS ROAD, HEDGE END, SOUTHAMPTON, SO30 0HU - £285,000

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

3 RICHLANS ROAD is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £285,000 in March 2015, which was around 24% below the average March 2015 detached price in the Eastleigh local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was C.

3 RICHLANS ROAD Sold Prices

Land registry data shows two sales for 3 RICHLANS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Both of the two 3 RICHLANS ROAD 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
2015 19 MAR	£285,000	£375,340	24% below HPI
2010 20 AUG	£215,000	£326,775	34% below HPI

3 RICHLANS ROAD 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 two 3 RICHLANS ROAD sales from August 2010 and March 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 August 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2015 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 3 RICHLANS ROAD?

3 RICHLANS ROAD is 85m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 3 RICHLANS ROAD lies on this distribution: 18% of detached houses are smaller than 3 RICHLANS ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

3 RICHLANS ROAD: Plot and Title Map

3 RICHLANS ROAD sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 3 RICHLANS ROAD, 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 RICHLANS ROAD). 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 RICHLANS ROAD?

3 RICHLANS ROAD is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 3 on RICHLANS ROAD.