OAKRIDGE HOUSE, RESERVOIR LANE, HEDGE END, SOUTHAMPTON, SO30 4AX - £470,000

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

OAKRIDGE HOUSE is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £470,000 in April 2017, which was around 6% above the average April 2017 detached price in the Eastleigh local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

OAKRIDGE HOUSE Sold Prices

Land registry data shows two sales for OAKRIDGE HOUSE 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 OAKRIDGE HOUSE 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
2017 6 APR	£470,000	£442,661	6% above HPI
2011 18 FEB	£375,000	£318,223	18% above HPI

OAKRIDGE HOUSE 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 OAKRIDGE HOUSE sales from February 2011 and April 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 February 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might OAKRIDGE HOUSE be worth now?

OAKRIDGE HOUSE might now be worth an estimated £583,894.

This is based on house price inflation of 24.2%, between April 2017 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 24.2% inflationary increase is applied to the most recent sale price for OAKRIDGE HOUSE of £470,000 on 6th April 2017. For the value to have increased from £470,000 to £583,894 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of OAKRIDGE HOUSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The April 2017 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of OAKRIDGE HOUSE has not materially changed since April 2017.

How Large is OAKRIDGE HOUSE?

OAKRIDGE HOUSE is 124m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hedge End, and where OAKRIDGE HOUSE lies on this distribution: 61% of detached houses houses are smaller than OAKRIDGE HOUSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

OAKRIDGE HOUSE: Plot and Title Map

OAKRIDGE HOUSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of OAKRIDGE HOUSE, 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 OAKRIDGE HOUSE). 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 OAKRIDGE HOUSE?

OAKRIDGE HOUSE is located on RESERVOIR LANE in HEDGE END, in the SO30 postcode district. The below map shows the position of OAKRIDGE HOUSE on RESERVOIR LANE.