5A, KELVIN GROVE, NETLEY ABBEY, SOUTHAMPTON, SO31 5BL - £320,000

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.

5A KELVIN GROVE is a very small detached house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £367,495. It was last sold for £320,000 in September 2019, which was around 30% below the average September 2019 detached price in the Eastleigh local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

5A KELVIN GROVE Sold Prices

Land registry data shows three sales for 5A KELVIN GROVE 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 5A KELVIN GROVE 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
2019 2 SEP	£320,000	£454,472	30% below HPI
2012 24 FEB	£235,000	£316,752	26% below HPI
2007 12 DEC	£249,999	£338,315	26% below HPI

5A KELVIN GROVE 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 5A KELVIN GROVE sales between December 2007 and September 2019 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 February 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5A KELVIN GROVE be worth now?

5A KELVIN GROVE might now be worth an estimated £367,495.

This is based on house price inflation of 14.8%, between September 2019 and March 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 14.8% inflationary increase is applied to the most recent sale price for 5A KELVIN GROVE of £320,000 on 2nd September 2019. For the value to have increased from £320,000 to £367,495 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 5A KELVIN GROVE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The September 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5A KELVIN GROVE has not materially changed since September 2019.

How Large is 5A KELVIN GROVE?

5A KELVIN GROVE is 64m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 5A KELVIN GROVE lies on this distribution: 4% of detached houses houses are smaller than 5A KELVIN GROVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Netley.

5A KELVIN GROVE: Plot and Title Map

5A KELVIN GROVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 5A KELVIN GROVE, 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 5A KELVIN GROVE). 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 5A KELVIN GROVE?

5A KELVIN GROVE is located in NETLEY ABBEY, in the SO31 postcode district. The below map shows the position of No. 5A on KELVIN GROVE.