114, TESTWOOD LANE, TOTTON, SOUTHAMPTON, SO40 3QS - £460,000

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

114 TESTWOOD LANE is a midsized extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £460,000 in May 2022, which was around 21% below the average May 2022 detached price in the New Forest local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

114 TESTWOOD LANE Sold Prices

Land registry data shows three sales for 114 TESTWOOD 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 New Forest local authority area for the corresponding sale date. All of the three 114 TESTWOOD 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
2022 10 MAY	£460,000	£582,390	21% below HPI
2020 14 DEC	£395,000	£507,804	22% below HPI
2008 15 APR	£310,000	£348,361	11% below HPI

114 TESTWOOD 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 three 114 TESTWOOD LANE sales between April 2008 and May 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 December 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 114 TESTWOOD LANE?

114 TESTWOOD LANE is 101m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 114 TESTWOOD LANE lies on this distribution: 54% of detached houses are smaller than 114 TESTWOOD LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Totton.

114 TESTWOOD LANE: Plot and Title Map

114 TESTWOOD LANE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 114 TESTWOOD 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 114 TESTWOOD 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 114 TESTWOOD LANE?

114 TESTWOOD LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 114 on TESTWOOD LANE.