SONGARI, RESERVOIR LANE, HEDGE END, SOUTHAMPTON, SO30 4AX - £370,000

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

SONGARI is a small extended detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £391,092. It was last sold for £370,000 in February 2022, which was around 29% below the average February 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

SONGARI Sold Prices

Land registry data shows three sales for SONGARI since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three SONGARI 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
2022 17 FEB	£370,000	£520,272	29% below HPI
2008 26 FEB	£259,000	£333,868	22% below HPI
1995 20 JAN	£81,000	£92,888	13% below HPI

SONGARI 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 three SONGARI sales between January 1995 and February 2022 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 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might SONGARI be worth now?

SONGARI might now be worth an estimated £391,092.

This is based on house price inflation of 5.7%, between February 2022 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 5.7% inflationary increase is applied to the most recent sale price for SONGARI of £370,000 on 17th February 2022. For the value to have increased from £370,000 to £391,092 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of SONGARI has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The February 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of SONGARI has not materially changed since February 2022.

How Large is SONGARI?

SONGARI is 89m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% 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 SONGARI lies on this distribution: 21% of detached houses houses are smaller than SONGARI, and 78% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

SONGARI: Plot and Title Map

SONGARI sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of SONGARI, 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 SONGARI). 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 SONGARI?

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