5, UPPER MEAD CLOSE, FAIR OAK, EASTLEIGH, SO50 7LS - £455,000

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

5 UPPER MEAD CLOSE is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £455,000 in December 2020, which was around 3% below the average December 2020 detached price in the Eastleigh local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

5 UPPER MEAD CLOSE Sold Prices

Land registry data shows two sales for 5 UPPER MEAD CLOSE 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. Both of the two 5 UPPER MEAD CLOSE 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
2020 21 DEC	£455,000	£467,547	3% below HPI
2010 28 JUN	£285,000	£313,259	9% below HPI

5 UPPER MEAD CLOSE 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 5 UPPER MEAD CLOSE sales from June 2010 and December 2020 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 June 2010 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 5 UPPER MEAD CLOSE?

5 UPPER MEAD CLOSE is 105m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 5 UPPER MEAD CLOSE lies on this distribution: 41% of detached houses are smaller than 5 UPPER MEAD CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

5 UPPER MEAD CLOSE: Plot and Title Map

5 UPPER MEAD CLOSE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 5 UPPER MEAD CLOSE, 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 5 UPPER MEAD CLOSE). 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 5 UPPER MEAD CLOSE?

5 UPPER MEAD CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 5 on UPPER MEAD CLOSE.