3, RUSSELL WAY, PETERSFIELD, GU31 4LD - £615,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 RUSSELL WAY is a midsized detached house of 143m², which could now be worth an estimated £1,001,739. It was last sold for £615,000 in May 2011, which was around 46% above the average May 2011 detached price in the East Hampshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

3 RUSSELL WAY Sold Prices

Land registry data shows two sales for 3 RUSSELL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. One of the two 3 RUSSELL WAY sales was for above the average price, whilst the other was 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
2011 31 MAY	£615,000	£420,689	46% above HPI
2008 18 APR	£350,000	£415,306	16% below HPI

3 RUSSELL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 3 RUSSELL WAY sales from April 2008 and May 2011 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2011 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 3 RUSSELL WAY be worth now?

3 RUSSELL WAY might now be worth an estimated £1,001,739.

This is based on house price inflation of 62.9%, between May 2011 and February 2025, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.9% inflationary increase is applied to the most recent sale price for 3 RUSSELL WAY of £615,000 on 31st May 2011. For the value to have increased from £615,000 to £1,001,739 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 3 RUSSELL WAY has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The May 2011 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RUSSELL WAY has not materially changed since May 2011.

How Large is 3 RUSSELL WAY?

3 RUSSELL WAY is 143m² according to the EPC inspection conducted in August 2010. This puts it in the largest 50% of detached houses houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Petersfield, and where 3 RUSSELL WAY lies on this distribution: 57% of detached houses houses are smaller than 3 RUSSELL WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

3 RUSSELL WAY: Plot and Title Map

3 RUSSELL WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 3 RUSSELL 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 RUSSELL 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 RUSSELL WAY?

3 RUSSELL WAY is located in PETERSFIELD, in the GU31 postcode district. The below map shows the position of No. 3 on RUSSELL WAY.