15, MICHAELS WAY, FAIR OAK, EASTLEIGH, SO50 7NR - £262,000

15 MICHAELS WAY is a small detached house of 98m², built sometime between 1983 and 1990. It was last sold for £262,000 in January 2011, which was around 16% below the average January 2011 detached price in the Eastleigh local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was C.

15 MICHAELS WAY Sold Prices

Land registry data shows two sales for 15 MICHAELS WAY 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 15 MICHAELS WAY 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
2011 24 JAN	£262,000	£313,178	16% below HPI
1999 30 NOV	£122,000	£147,705	17% below HPI

15 MICHAELS WAY 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 15 MICHAELS WAY sales from November 1999 and January 2011 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 November 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 15 MICHAELS WAY?

15 MICHAELS WAY is 98m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 15 MICHAELS WAY lies on this distribution: 33% of detached houses are smaller than 15 MICHAELS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

15 MICHAELS WAY: Plot and Title Map

15 MICHAELS WAY sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 15 MICHAELS WAY, 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 15 MICHAELS WAY). 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 15 MICHAELS WAY?

15 MICHAELS WAY is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 15 on MICHAELS WAY.