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
4 NEW ROAD is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £490,000 in October 2023, which was around 9% below the average October 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 NEW ROAD since 1st 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 4 NEW 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 |
---|---|---|---|
2023 10 OCT | £490,000 | £541,253 | 9% below HPI |
2001 11 MAY | £171,500 | £186,305 | 8% below HPI |
The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 4 NEW ROAD sales from May 2001 and October 2023 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 May 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
4 NEW ROAD is 103m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 4 NEW ROAD lies on this distribution: 39% of detached houses are smaller than 4 NEW ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.
4 NEW ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 4 NEW 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 4 NEW 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.
4 NEW ROAD is located in EASTLEIGH, in the SO50 postcode district. The below map shows the position of No. 4 on NEW ROAD.