40, CRANMER DRIVE, NURSLING, SOUTHAMPTON, SO16 0TD - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 CRANMER DRIVE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £375,000 in December 2016, which was around 22% below the average December 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

40 CRANMER DRIVE Sold Prices

Land registry data shows three sales for 40 CRANMER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 40 CRANMER DRIVE 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
2016 14 DEC	£375,000	£479,239	22% below HPI
2000 28 JUL	£177,500	£213,004	17% below HPI
1997 19 SEP	£121,000	£136,388	11% below HPI

40 CRANMER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 40 CRANMER DRIVE sales between September 1997 and December 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 July 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 CRANMER DRIVE?

40 CRANMER DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 40 CRANMER DRIVE lies on this distribution: 77% of detached houses are smaller than 40 CRANMER DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Nursling.

40 CRANMER DRIVE: Plot and Title Map

40 CRANMER DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 40 CRANMER DRIVE, 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 40 CRANMER DRIVE). 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 40 CRANMER DRIVE?

40 CRANMER DRIVE is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 40 on CRANMER DRIVE.