THE LAURELS, CHAPEL DROVE, HORTON HEATH, EASTLEIGH, SO50 7DL - £440,000

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 LAURELS is a very large detached house of 162m², built sometime between 1991 and 1995. It was last sold for £440,000 in February 2016, which was around 8% above the average February 2016 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows four sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the four THE LAURELS 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
2016 22 FEB	£440,000	£406,631	8% above HPI
2014 17 JAN	£400,000	£339,757	18% above HPI
2005 26 SEP	£337,500	£291,828	16% above HPI
1996 31 MAY	£124,950	£99,815	25% above HPI

THE LAURELS 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 four THE LAURELS sales between May 1996 and February 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 January 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2016 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 162m² according to the EPC inspection conducted in February 2009. This puts it in the largest 20% of detached houses in Horton Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Horton Heath, and where THE LAURELS lies on this distribution: 83% of detached houses are smaller than THE LAURELS, and 17% of houses are larger. Note that EPC data is not available for all properties in Horton Heath.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on CHAPEL DROVE in HORTON HEATH, in the SO50 postcode district. The below map shows the position of THE LAURELS on CHAPEL DROVE.