8, CEDAR WOOD CLOSE, FAIR OAK, EASTLEIGH, SO50 7LN - £377,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CEDAR WOOD CLOSE is a very large extended detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £531,196. It was last sold for £377,500 in February 2015, which was around 1% above the average February 2015 detached price in the Eastleigh local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

8 CEDAR WOOD CLOSE Sold Prices

Land registry data shows two sales for 8 CEDAR WOOD 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 8 CEDAR WOOD CLOSE sales were for above 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
2015 6 FEB	£377,500	£372,056	1% above HPI
1996 31 OCT	£110,000	£102,683	7% above HPI

8 CEDAR WOOD 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 8 CEDAR WOOD CLOSE sales from October 1996 and February 2015 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 October 1996 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 CEDAR WOOD CLOSE be worth now?

8 CEDAR WOOD CLOSE might now be worth an estimated £531,196.

This is based on house price inflation of 40.7%, between February 2015 and February 2025, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.7% inflationary increase is applied to the most recent sale price for 8 CEDAR WOOD CLOSE of £377,500 on 6th February 2015. For the value to have increased from £377,500 to £531,196 over the ten years to February 2025, the following assumptions must hold true:

• The value of 8 CEDAR WOOD CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The February 2015 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CEDAR WOOD CLOSE has not materially changed since February 2015.

How Large is 8 CEDAR WOOD CLOSE?

8 CEDAR WOOD CLOSE is 140m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastleigh, and where 8 CEDAR WOOD CLOSE lies on this distribution: 80% of detached houses houses are smaller than 8 CEDAR WOOD CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

8 CEDAR WOOD CLOSE: Plot and Title Map

8 CEDAR WOOD CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 CEDAR WOOD 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 8 CEDAR WOOD 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 8 CEDAR WOOD CLOSE?

8 CEDAR WOOD CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 8 on CEDAR WOOD CLOSE.