THE BAYS, GREENFIELD CLOSE, HEDGE END, SOUTHAMPTON, SO30 4DN - £610,000

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

THE BAYS is a very large extended detached house of 172m², built sometime between 1900 and 1929. It was last sold for £610,000 in November 2023, which was around 13% above the average November 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

THE BAYS Sold Prices

Land registry data shows three sales for THE BAYS 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. Two of the three THE BAYS sales were for above the average price, whilst one was 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
2023 24 NOV	£610,000	£540,929	13% above HPI
2007 27 APR	£385,995	£316,256	22% above HPI
1997 9 JUN	£105,000	£108,847	4% below HPI

THE BAYS 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 THE BAYS sales between June 1997 and November 2023 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 April 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE BAYS?

THE BAYS is 172m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 20% 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 THE BAYS lies on this distribution: 89% of detached houses are smaller than THE BAYS, and 11% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

THE BAYS: Plot and Title Map

THE BAYS sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of THE BAYS, 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 THE BAYS). 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 THE BAYS?

THE BAYS is located on GREENFIELD CLOSE in HEDGE END, in the SO30 postcode district. The below map shows the position of THE BAYS on GREENFIELD CLOSE.