9, REEVES WAY, BURSLEDON, SOUTHAMPTON, SO31 8FU - £245,000

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.

9 REEVES WAY is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £270,359. It was last sold for £245,000 in December 2020, which was around 3% above the average December 2020 terraced price in the Eastleigh local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

9 REEVES WAY Sold Prices

Land registry data shows three sales for 9 REEVES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Eastleigh local authority area for the corresponding sale date. All of the three 9 REEVES WAY sales 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
2020 15 DEC	£245,000	£238,736	3% above HPI
2016 12 DEC	£224,995	£218,931	3% above HPI
2014 11 JUN	£187,500	£184,291	2% above HPI

9 REEVES WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Eastleigh local authority area over time, sourced from the HPI. The three 9 REEVES WAY sales between June 2014 and December 2020 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 December 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, which was also at 3% above the HPI.

What might 9 REEVES WAY be worth now?

9 REEVES WAY might now be worth an estimated £270,359.

This is based on house price inflation of 10.4%, between December 2020 and June 2025, for terraced 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 10.4% inflationary increase is applied to the most recent sale price for 9 REEVES WAY of £245,000 on 15th December 2020. For the value to have increased from £245,000 to £270,359 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 9 REEVES WAY has moved in line with the HPI for terraced houses in the Eastleigh local authority area.
• The December 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 9 REEVES WAY has not materially changed since December 2020.

How Large is 9 REEVES WAY?

9 REEVES WAY is 71m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in Bursledon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bursledon, and where 9 REEVES WAY lies on this distribution: 4% of terraced houses houses are smaller than 9 REEVES WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

9 REEVES WAY: Plot and Title Map

9 REEVES WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 9 REEVES 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 9 REEVES 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 9 REEVES WAY?

9 REEVES WAY is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 9 on REEVES WAY.