1, LACON CLOSE, SOUTHAMPTON, SO18 1JA - £335,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LACON CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £335,000 in March 2022, which was around 17% below the average March 2022 detached price in the Southampton local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

1 LACON CLOSE Sold Prices

Land registry data shows two sales for 1 LACON 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 Southampton local authority area for the corresponding sale date. Both of the two 1 LACON 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
2022 31 MAR	£335,000	£405,330	17% below HPI
2001 28 FEB	£133,500	£148,707	10% below HPI

1 LACON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 1 LACON CLOSE sales from February 2001 and March 2022 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 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LACON CLOSE?

1 LACON CLOSE is 72m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 1 LACON CLOSE lies on this distribution: 15% of detached houses are smaller than 1 LACON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Southampton.

1 LACON CLOSE: Plot and Title Map

1 LACON CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 1 LACON CLOSE, 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 1 LACON CLOSE). 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 1 LACON CLOSE?

1 LACON CLOSE is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 1 on LACON CLOSE.