4, THE LAURELS, OATLANDS CLOSE, BOTLEY, SOUTHAMPTON, SO32 2EN - £420,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 THE LAURELS is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £420,000 in August 2016, which was about the average August 2016 detached price in the Eastleigh local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

4 THE LAURELS Sold Prices

Land registry data shows two sales for 4 THE LAURELS 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. One of the two 4 THE LAURELS sales was roughly equal to 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
2016 5 AUG	£420,000	£418,072	Close to HPI
2006 11 AUG	£282,000	£296,130	5% below HPI

4 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 two 4 THE LAURELS sales from August 2006 and August 2016 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 4 THE LAURELS?

4 THE LAURELS is 76m² according to the EPC inspection conducted in May 2016. 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 4 THE LAURELS lies on this distribution: 1% of detached houses are smaller than 4 THE LAURELS, and 99% of houses are larger. Note that EPC data is not available for all properties in Boorley Green.

4 THE LAURELS: Plot and Title Map

4 THE LAURELS sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 4 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 4 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 4 THE LAURELS?

4 THE LAURELS is located on OATLANDS CLOSE in BOTLEY, in the SO32 postcode district. The below map shows the position of 4 THE LAURELS on OATLANDS CLOSE.