3, REED WAY, PETERSFIELD, GU32 3FL - £500,000

3 REED WAY is a small detached house of 114m². It was last sold for £500,000 in May 2021, which was around 14% below the average May 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

3 REED WAY Sold Prices

Land registry data shows two sales for 3 REED 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 East Hampshire local authority area for the corresponding sale date. Both of the two 3 REED 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
2021 4 MAY	£500,000	£584,655	14% below HPI
2017 20 JAN	£449,995	£559,112	20% below HPI

3 REED WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two 3 REED WAY sales from January 2017 and May 2021 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 REED WAY?

3 REED WAY is 114m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses in Petersfield, based on EPC data. The below chart shows the distribution of detached houses by size in Petersfield, and where 3 REED WAY lies on this distribution: 34% of detached houses are smaller than 3 REED WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Petersfield.

3 REED WAY: Plot and Title Map

3 REED WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 3 REED 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 3 REED 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 3 REED WAY?

3 REED WAY is located in PETERSFIELD, in the GU32 postcode district. The below map shows the position of No. 3 on REED WAY.