9, REED WAY, PETERSFIELD, GU32 3FL - £387,500

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.

9 REED WAY is a very small semi-detached house of 79m², which could now be worth an estimated £410,763. It was last sold for £387,500 in October 2021, which was around 3% below the average October 2021 semi-detached price in the East Hampshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

9 REED WAY Sold Prices

Land registry data shows four sales for 9 REED 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 East Hampshire local authority area for the corresponding sale date. All of the four 9 REED 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
2021 19 OCT	£387,500	£397,862	3% below HPI
2019 20 DEC	£357,500	£365,628	2% below HPI
2019 16 DEC	£360,000	£365,628	2% below HPI
2017 2 FEB	£334,995	£356,419	6% below HPI

9 REED WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Hampshire local authority area over time, sourced from the HPI. The four 9 REED WAY sales between February 2017 and October 2021 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 December 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 9 REED WAY be worth now?

9 REED WAY might now be worth an estimated £410,763.

This is based on house price inflation of 6%, between October 2021 and February 2025, for semi-detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% inflationary increase is applied to the most recent sale price for 9 REED WAY of £387,500 on 19th October 2021. For the value to have increased from £387,500 to £410,763 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 9 REED WAY has moved in line with the HPI for semi-detached houses in the East Hampshire local authority area.
• The October 2021 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 9 REED WAY has not materially changed since October 2021.

How Large is 9 REED WAY?

9 REED WAY is 79m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of semi-detached houses houses in Petersfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Petersfield, and where 9 REED WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 9 REED WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

9 REED WAY: Plot and Title Map

9 REED WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 9 REED 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 9 REED 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 9 REED WAY?

9 REED WAY is located in PETERSFIELD, in the GU32 postcode district. The below map shows the position of No. 9 on REED WAY.