3, SHEPHERDS WAY, NURSLING, SOUTHAMPTON, SO16 0TJ - £425,000

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.

3 SHEPHERDS WAY is a very large extended detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £604,835. It was last sold for £425,000 in August 2015, which was around 3% below the average August 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 SHEPHERDS WAY Sold Prices

Land registry data shows three sales for 3 SHEPHERDS 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 Test Valley local authority area for the corresponding sale date. One of the three 3 SHEPHERDS WAY sales was for below the average price, whilst two 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
2015 28 AUG	£425,000	£436,693	3% below HPI
2009 13 JUL	£350,000	£329,896	6% above HPI
1997 19 DEC	£149,500	£140,085	7% above HPI

3 SHEPHERDS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 3 SHEPHERDS WAY sales between December 1997 and August 2015 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 July 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 SHEPHERDS WAY be worth now?

3 SHEPHERDS WAY might now be worth an estimated £604,835.

This is based on house price inflation of 42.3%, between August 2015 and March 2025, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.3% inflationary increase is applied to the most recent sale price for 3 SHEPHERDS WAY of £425,000 on 28th August 2015. For the value to have increased from £425,000 to £604,835 over the ten years and five months to March 2025, the following assumptions must hold true:

• The value of 3 SHEPHERDS WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHEPHERDS WAY has not materially changed since August 2015.

How Large is 3 SHEPHERDS WAY?

3 SHEPHERDS WAY is 141m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nursling, and where 3 SHEPHERDS WAY lies on this distribution: 88% of detached houses houses are smaller than 3 SHEPHERDS WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Nursling.

3 SHEPHERDS WAY: Plot and Title Map

3 SHEPHERDS WAY sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 3 SHEPHERDS 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 SHEPHERDS 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 SHEPHERDS WAY?

3 SHEPHERDS WAY is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 3 on SHEPHERDS WAY.