28, WALLACE AVENUE, BOTLEY, SOUTHAMPTON, SO32 2GL - £329,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 WALLACE AVENUE is a very small semi-detached house of 79m², built in 2021, which could now be worth an estimated £324,236. It was last sold for £329,000 in May 2023, which was around 4% below the average May 2023 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

28 WALLACE AVENUE Sold Prices

Land registry data shows two sales for 28 WALLACE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. One of the two 28 WALLACE AVENUE sales was for below the average price, whilst the other was roughly equal to 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 26 MAY	£329,000	£341,851	4% below HPI
2021 30 APR	£300,000	£299,518	Close to HPI

28 WALLACE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 28 WALLACE AVENUE sales from April 2021 and May 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 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 28 WALLACE AVENUE be worth now?

28 WALLACE AVENUE might now be worth an estimated £324,236.

This is based on house price deflation of 1.4%, between May 2023 and May 2026, for semi-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 1.4% deflationary decrease is applied to the most recent sale price for 28 WALLACE AVENUE of £329,000 on 26th May 2023. For the value to have decreased from £329,000 to £324,236 over the three years to May 2026, the following assumptions must hold true:

• The value of 28 WALLACE AVENUE has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The May 2023 sale price of £329,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WALLACE AVENUE has not materially changed since May 2023.

How Large is 28 WALLACE AVENUE?

28 WALLACE AVENUE is 79m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of semi-detached houses houses in Boorley Green, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Boorley Green, and where 28 WALLACE AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 28 WALLACE AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Boorley Green.

28 WALLACE AVENUE: Plot and Title Map

28 WALLACE AVENUE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 28 WALLACE AVENUE, 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 28 WALLACE AVENUE). 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 28 WALLACE AVENUE?

28 WALLACE AVENUE is located in BOTLEY, in the SO32 postcode district. The below map shows the position of No. 28 on WALLACE AVENUE.