3, THE LAURELS, OATLANDS CLOSE, BOTLEY, SOUTHAMPTON, SO32 2EN - £460,000

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 THE LAURELS is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £460,000 in September 2021, which was around 7% below the average September 2021 detached price in the Eastleigh local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 THE LAURELS Sold Prices

Land registry data shows three sales for 3 THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Two of the three 3 THE LAURELS sales were for below the average price, whilst one was 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
2021 27 SEP	£460,000	£493,085	7% below HPI
2013 17 OCT	£365,000	£328,350	11% above HPI
2006 2 MAR	£285,750	£289,326	1% below HPI

3 THE LAURELS 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 three 3 THE LAURELS sales between March 2006 and September 2021 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 October 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 THE LAURELS?

3 THE LAURELS is 84m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Boorley Green, based on EPC data. The below chart shows the distribution of detached houses by size in Boorley Green, and where 3 THE LAURELS lies on this distribution: 3% of detached houses are smaller than 3 THE LAURELS, and 97% of houses are larger. Note that EPC data is not available for all properties in Boorley Green.

3 THE LAURELS: Plot and Title Map

3 THE LAURELS sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 3 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

3 THE LAURELS is located on OATLANDS CLOSE in BOTLEY, in the SO32 postcode district. The below map shows the position of 3 THE LAURELS on OATLANDS CLOSE.