8, RUSTAN CLOSE, FAIR OAK, EASTLEIGH, SO50 7BL - £545,000

8 RUSTAN CLOSE is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £545,000 in June 2022, which was around 2% above the average June 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

8 RUSTAN CLOSE Sold Prices

Land registry data shows two sales for 8 RUSTAN CLOSE 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 8 RUSTAN CLOSE sales was for above the average price, whilst the other was 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
2022 10 JUN	£545,000	£533,774	2% above HPI
2015 6 AUG	£317,000	£386,241	18% below HPI

8 RUSTAN CLOSE 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 8 RUSTAN CLOSE sales from August 2015 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 August 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 RUSTAN CLOSE?

8 RUSTAN CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 40% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 8 RUSTAN CLOSE lies on this distribution: 35% of detached houses are smaller than 8 RUSTAN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

8 RUSTAN CLOSE: Plot and Title Map

8 RUSTAN CLOSE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 8 RUSTAN CLOSE, 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 8 RUSTAN CLOSE). 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 8 RUSTAN CLOSE?

8 RUSTAN CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 8 on RUSTAN CLOSE.