BERBICE, PAYNES LANE, FAIR OAK, EASTLEIGH, SO50 7GS - £347,500

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

BERBICE is a small extended detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £445,727. It was last sold for £347,500 in September 2016, which was around 19% below the average September 2016 detached price in the Eastleigh local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

BERBICE Sold Prices

Land registry data shows two sales for BERBICE 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 BERBICE 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
2016 7 SEP	£347,500	£428,739	19% below HPI
2014 21 FEB	£250,000	£345,315	28% below HPI

BERBICE 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 BERBICE sales from February 2014 and September 2016 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 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might BERBICE be worth now?

BERBICE might now be worth an estimated £445,727.

This is based on house price inflation of 28.3%, between September 2016 and December 2024, 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 28.3% inflationary increase is applied to the most recent sale price for BERBICE of £347,500 on 7th September 2016. For the value to have increased from £347,500 to £445,727 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of BERBICE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The September 2016 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of BERBICE has not materially changed since September 2016.

How Large is BERBICE?

BERBICE is 99m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% 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 BERBICE lies on this distribution: 34% of detached houses houses are smaller than BERBICE, and 65% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

BERBICE: Plot and Title Map

BERBICE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of BERBICE, 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 BERBICE). 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 BERBICE?

BERBICE is located on PAYNES LANE in FAIR OAK, in the SO50 postcode district. The below map shows the position of BERBICE on PAYNES LANE.