2, UPPER MEAD CLOSE, FAIR OAK, EASTLEIGH, SO50 7LS - £172,000

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.

2 UPPER MEAD CLOSE is a detached house, which could now be worth an estimated £429,934. It was last sold for £172,000 in November 2001, which was around 18% below the average November 2001 detached price in the Eastleigh local authority area.

2 UPPER MEAD CLOSE Sold Prices

Land registry data shows two sales for 2 UPPER MEAD 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. Both of the two 2 UPPER MEAD CLOSE 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
2001 23 NOV	£172,000	£208,532	18% below HPI
1997 14 NOV	£106,000	£119,882	12% below HPI

What might 2 UPPER MEAD CLOSE be worth now?

2 UPPER MEAD CLOSE might now be worth an estimated £429,934.

This is based on house price inflation of 150%, between November 2001 and May 2026, 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 150% inflationary increase is applied to the most recent sale price for 2 UPPER MEAD CLOSE of £172,000 on 23rd November 2001. For the value to have increased from £172,000 to £429,934 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 2 UPPER MEAD CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The November 2001 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UPPER MEAD CLOSE has not materially changed since November 2001.

Where is 2 UPPER MEAD CLOSE?

2 UPPER MEAD CLOSE is located in FAIR OAK, in the SO50 postcode district.