Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
4 REED WAY is a small detached house of 114m². It was last sold for £527,500 in March 2021, which was around 9% below the average March 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 REED WAY since 1st 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. Both of the two 4 REED 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 |
---|---|---|---|
2021 15 MAR | £527,500 | £582,536 | 9% below HPI |
2017 8 MAY | £445,995 | £552,791 | 19% below HPI |
The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 4 REED WAY sales from May 2017 and March 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 May 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
4 REED WAY is 114m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where 4 REED WAY lies on this distribution: 33% of detached houses are smaller than 4 REED WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Petersfield.
4 REED WAY sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 4 REED 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 4 REED 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.
4 REED WAY is located in PETERSFIELD, in the GU32 postcode district. The below map shows the position of No. 4 on REED WAY.