18, STEPHENSON WAY, HEDGE END, SOUTHAMPTON, SO30 2WS - £248,000

18 STEPHENSON WAY is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £248,000 in October 2011, which was around 24% below the average October 2011 detached price in the Eastleigh local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

18 STEPHENSON WAY Sold Prices

Land registry data shows three sales for 18 STEPHENSON WAY 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 18 STEPHENSON 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 11 OCT	£248,000	£327,968	24% below HPI
2002 3 MAY	£161,000	£218,054	26% below HPI
1995 16 MAR	£83,000	£94,721	12% below HPI

18 STEPHENSON 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 three 18 STEPHENSON WAY sales between March 1995 and October 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 May 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2011 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 18 STEPHENSON WAY?

18 STEPHENSON WAY is 79m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 18 STEPHENSON WAY lies on this distribution: 12% of detached houses are smaller than 18 STEPHENSON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

18 STEPHENSON WAY: Plot and Title Map

18 STEPHENSON WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 18 STEPHENSON 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 18 STEPHENSON 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 18 STEPHENSON WAY?

18 STEPHENSON WAY is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 18 on STEPHENSON WAY.