8, REEVES WAY, BURSLEDON, SOUTHAMPTON, SO31 8FW - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 REEVES WAY is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £307,902. It was last sold for £245,000 in January 2017, which was around 9% below the average January 2017 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

8 REEVES WAY Sold Prices

Land registry data shows four sales for 8 REEVES WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. The four 8 REEVES WAY sales were a mix of below the average price, and roughly equal to 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
2017 4 JAN	£245,000	£269,087	9% below HPI
2014 24 JUL	£196,000	£224,572	13% below HPI
2007 16 AUG	£179,950	£210,203	14% below HPI
1995 28 JUN	£59,950	£60,012	Close to HPI

8 REEVES WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The four 8 REEVES WAY sales between June 1995 and January 2017 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 REEVES WAY be worth now?

8 REEVES WAY might now be worth an estimated £307,902.

This is based on house price inflation of 25.7%, between January 2017 and February 2025, for semi-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 25.7% inflationary increase is applied to the most recent sale price for 8 REEVES WAY of £245,000 on 4th January 2017. For the value to have increased from £245,000 to £307,902 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 REEVES WAY has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The January 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 REEVES WAY has not materially changed since January 2017.

How Large is 8 REEVES WAY?

8 REEVES WAY is 71m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of semi-detached houses houses in Bursledon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bursledon, and where 8 REEVES WAY lies on this distribution: 4% of semi-detached houses houses are smaller than 8 REEVES WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

8 REEVES WAY: Plot and Title Map

8 REEVES WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 8 REEVES 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 8 REEVES 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 8 REEVES WAY?

8 REEVES WAY is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 8 on REEVES WAY.