4, WELLSTEAD WAY, HEDGE END, SOUTHAMPTON, SO30 2LE - £95,000

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.

4 WELLSTEAD WAY is a very small flat of 33m², built sometime from 2007 onwards, which could now be worth an estimated £115,509. It was last sold for £95,000 in February 2015, which was around 29% below the average February 2015 flat price in the Eastleigh local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

4 WELLSTEAD WAY Sold Prices

Land registry data shows two sales for 4 WELLSTEAD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Eastleigh local authority area for the corresponding sale date. Both of the two 4 WELLSTEAD WAY 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
2015 27 FEB	£95,000	£133,507	29% below HPI
2007 29 JAN	£110,000	£127,884	14% below HPI

What might 4 WELLSTEAD WAY be worth now?

4 WELLSTEAD WAY might now be worth an estimated £115,509.

This is based on house price inflation of 21.6%, between February 2015 and May 2026, for flats, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 4 WELLSTEAD WAY of £95,000 on 27th February 2015. For the value to have increased from £95,000 to £115,509 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 WELLSTEAD WAY has moved in line with the HPI for flats in the Eastleigh local authority area.
• The February 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WELLSTEAD WAY has not materially changed since February 2015.

How Large is 4 WELLSTEAD WAY?

4 WELLSTEAD WAY is 33m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of flats in Hedge End, based on EPC data. 4% of flats are smaller than 4 WELLSTEAD WAY, and 94% of flats are larger. Note that EPC data is not available for all properties in Hedge End.

4 WELLSTEAD WAY: Plot

4 WELLSTEAD WAY sits on a plot of roughly 0.177 of an acre, or 718m².

Where is 4 WELLSTEAD WAY?

4 WELLSTEAD WAY is located in HEDGE END, in the SO30 postcode district.