7, OAK DRIVE, FAIR OAK, EASTLEIGH, SO50 7JT - £460,000

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

7 OAK DRIVE is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £460,000 in August 2022, which was around 16% below the average August 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

7 OAK DRIVE Sold Prices

Land registry data shows three sales for 7 OAK 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 Eastleigh local authority area for the corresponding sale date. All of the three 7 OAK 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
2022 19 AUG	£460,000	£550,222	16% below HPI
1999 3 FEB	£118,000	£128,888	8% below HPI
1996 10 SEP	£94,950	£102,443	7% below HPI

7 OAK DRIVE 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 three 7 OAK DRIVE sales between September 1996 and August 2022 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 February 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 7 OAK DRIVE?

7 OAK DRIVE is 124m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 40% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 7 OAK DRIVE lies on this distribution: 66% of detached houses are smaller than 7 OAK DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

7 OAK DRIVE: Plot and Title Map

7 OAK DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 7 OAK 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 7 OAK 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 7 OAK DRIVE?

7 OAK DRIVE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 7 on OAK DRIVE.