JEM, THE LILLIES, HORTON HEATH, EASTLEIGH, SO50 7QH - £350,000

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.

JEM is a midsized detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £499,406. It was last sold for £350,000 in August 2014, which was around 4% below the average August 2014 detached price in the Eastleigh local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

JEM Sold Prices

Land registry data shows four sales for JEM since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. Most of the four JEM 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
2014 22 AUG	£350,000	£365,783	4% below HPI
2010 7 MAY	£325,000	£316,587	3% above HPI
2007 27 APR	£330,000	£319,969	3% above HPI
2000 14 JUN	£179,950	£170,224	6% above HPI

JEM 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 four JEM sales between June 2000 and August 2014 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 May 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might JEM be worth now?

JEM might now be worth an estimated £499,406.

This is based on house price inflation of 42.7%, between August 2014 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 42.7% inflationary increase is applied to the most recent sale price for JEM of £350,000 on 22nd August 2014. For the value to have increased from £350,000 to £499,406 over the eleven years and five months to March 2025, the following assumptions must hold true:

• The value of JEM has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The August 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of JEM has not materially changed since August 2014.

How Large is JEM?

JEM is 121m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 50% of detached houses houses in Horton Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horton Heath, and where JEM lies on this distribution: 43% of detached houses houses are smaller than JEM, and 57% of houses are larger. Note that EPC data is not available for all properties in Horton Heath.

JEM: Plot and Title Map

JEM sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of JEM, 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 JEM). 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 JEM?

JEM is located on THE LILLIES in HORTON HEATH, in the SO50 postcode district. The below map shows the position of JEM on THE LILLIES.