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
49 RICHLANS ROAD is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £365,000 in October 2018, which was around 19% below the average October 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 49 RICHLANS 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 49 RICHLANS 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 |
---|---|---|---|
2018 31 OCT | £365,000 | £451,484 | 19% below HPI |
2012 26 JUL | £250,000 | £325,554 | 23% 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 49 RICHLANS ROAD sales from July 2012 and October 2018 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
49 RICHLANS ROAD is 61m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 49 RICHLANS ROAD lies on this distribution: 2% of detached houses are smaller than 49 RICHLANS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Hedge End.
49 RICHLANS ROAD sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 49 RICHLANS 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 49 RICHLANS 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.
49 RICHLANS ROAD is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 49 on RICHLANS ROAD.