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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). 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 7% 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	£437,525	7% above HPI
2011 18 FEB	£375,000	£314,531	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

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 in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where OAKRIDGE HOUSE lies on this distribution: 61% of detached 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.