1, PARK LANE, OTTERBOURNE, WINCHESTER, SO21 2HY - £672,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 PARK LANE is a very large extended detached house of 159m², built sometime before 1900. It was last sold for £672,000 in October 2014, which was around 17% above the average October 2014 detached price in the Winchester local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 PARK LANE Sold Prices

Land registry data shows two sales for 1 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 1 PARK LANE sales were for above 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
2014 17 OCT	£672,000	£573,368	17% above HPI
2003 20 AUG	£465,000	£365,292	27% above HPI

1 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two 1 PARK LANE sales from August 2003 and October 2014 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 August 2003 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 PARK LANE?

1 PARK LANE is 159m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 1 PARK LANE lies on this distribution: 90% of detached houses are smaller than 1 PARK LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 1 PARK 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 PARK 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 PARK LANE?

1 PARK LANE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 1 on PARK LANE.