7, WELLSTEAD WAY, HEDGE END, SOUTHAMPTON, SO30 2LE - £336,000

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 WELLSTEAD WAY is a midsized detached house of 117m², built sometime between 1991 and 1995. It was last sold for £336,000 in December 2020, which was around 28% below the average December 2020 detached price in the Eastleigh local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 WELLSTEAD WAY Sold Prices

Land registry data shows four sales for 7 WELLSTEAD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the four 7 WELLSTEAD WAY 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 2 DEC	£336,000	£467,547	28% below HPI
2016 29 JAN	£313,000	£404,604	23% below HPI
2010 15 MAR	£248,000	£313,527	21% below HPI
2007 20 APR	£274,950	£316,256	13% below HPI

7 WELLSTEAD WAY 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 four 7 WELLSTEAD WAY sales between April 2007 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 January 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 WELLSTEAD WAY?

7 WELLSTEAD WAY is 117m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 7 WELLSTEAD WAY lies on this distribution: 54% of detached houses are smaller than 7 WELLSTEAD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

7 WELLSTEAD WAY: Plot and Title Map

7 WELLSTEAD WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 7 WELLSTEAD WAY, 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 WELLSTEAD WAY). 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 WELLSTEAD WAY?

7 WELLSTEAD WAY is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 7 on WELLSTEAD WAY.