1, NEW TOWN LANE, HAYLING ISLAND, PO11 0SX - £380,000

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 NEW TOWN LANE is a very small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £380,000 in March 2021, which was around 15% below the average March 2021 detached price in the Havant local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

1 NEW TOWN LANE Sold Prices

Land registry data shows three sales for 1 NEW TOWN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the three 1 NEW TOWN 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
2021 26 MAR	£380,000	£446,287	15% below HPI
2016 8 JUL	£327,000	£383,334	15% below HPI
1997 23 DEC	£99,650	£115,478	14% below HPI

1 NEW TOWN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The three 1 NEW TOWN LANE sales between December 1997 and March 2021 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 July 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, which was also at 15% below the HPI.

How Large is 1 NEW TOWN LANE?

1 NEW TOWN LANE is 75m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses by size in South Hayling, and where 1 NEW TOWN LANE lies on this distribution: 17% of detached houses are smaller than 1 NEW TOWN LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

1 NEW TOWN LANE: Plot and Title Map

1 NEW TOWN LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 NEW TOWN 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 1 NEW TOWN 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 1 NEW TOWN LANE?

1 NEW TOWN LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 1 on NEW TOWN LANE.