4, ELSANTA DRIVE, NETLEY ABBEY, SOUTHAMPTON, SO31 5JJ - £392,500

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.

4 ELSANTA DRIVE is a small detached house of 98m², built in 2020, which could now be worth an estimated £375,825. It was last sold for £392,500 in June 2022, which was around 27% below the average June 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

4 ELSANTA DRIVE Sold Prices

Land registry data shows two sales for 4 ELSANTA DRIVE 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. One of the two 4 ELSANTA DRIVE sales was for below the average price, whilst the other was 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
2022 30 JUN	£392,500	£537,999	27% below HPI
2020 23 JAN	£3,698,865	£468,324	690% above HPI

4 ELSANTA DRIVE 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 4 ELSANTA DRIVE sales from January 2020 and June 2022 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 2020 sale was for 690% above the HPI. So the extrapolation line tracks at 690% above the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 ELSANTA DRIVE be worth now?

4 ELSANTA DRIVE might now be worth an estimated £375,825.

This is based on house price deflation of 4.2%, between June 2022 and June 2025, for 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 4.2% deflationary decrease is applied to the most recent sale price for 4 ELSANTA DRIVE of £392,500 on 30th June 2022. For the value to have decreased from £392,500 to £375,825 over the three years to June 2025, the following assumptions must hold true:

• The value of 4 ELSANTA DRIVE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The June 2022 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ELSANTA DRIVE has not materially changed since June 2022.

How Large is 4 ELSANTA DRIVE?

4 ELSANTA DRIVE is 98m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses houses in Netley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Netley, and where 4 ELSANTA DRIVE lies on this distribution: 37% of detached houses houses are smaller than 4 ELSANTA DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Netley.

4 ELSANTA DRIVE: Plot and Title Map

4 ELSANTA DRIVE sits on a plot of roughly 0.337 of an acre, or 1,362m². The below map shows the location of 4 ELSANTA DRIVE, 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 4 ELSANTA DRIVE). 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 4 ELSANTA DRIVE?

4 ELSANTA DRIVE is located in NETLEY ABBEY, in the SO31 postcode district. The below map shows the position of No. 4 on ELSANTA DRIVE.