7, ELING LANE, TOTTON, SOUTHAMPTON, SO40 9GB - £360,000

7 ELING LANE is a large detached house of 121m², built sometime between 1983 and 1990. It was last sold for £360,000 in January 2020, which was around 24% below the average January 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

7 ELING LANE Sold Prices

Land registry data shows four sales for 7 ELING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 7 ELING LANE 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
2020 3 JAN	£360,000	£476,691	24% below HPI
2018 6 FEB	£350,000	£486,214	28% below HPI
2004 15 JAN	£210,000	£283,655	26% below HPI
1995 4 SEP	£95,000	£103,616	8% below HPI

7 ELING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 7 ELING LANE sales between September 1995 and January 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 February 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 ELING LANE?

7 ELING LANE is 121m² according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 7 ELING LANE lies on this distribution: 75% of detached houses are smaller than 7 ELING LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Totton.

7 ELING LANE: Plot and Title Map

7 ELING LANE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 ELING LANE, 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 7 ELING LANE). 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 7 ELING LANE?

7 ELING LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 7 on ELING LANE.