148, WATER LANE, TOTTON, SOUTHAMPTON, SO40 3GX - £207,500

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

148 WATER LANE is a very small detached house of 75m². It was last sold for £207,500 in February 2014, which was around 43% below the average February 2014 detached price in the New Forest local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

148 WATER LANE Sold Prices

Land registry data shows three sales for 148 WATER 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 148 WATER 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
2014 14 FEB	£207,500	£363,066	43% below HPI
2007 29 JUN	£330,000	£340,934	3% below HPI
2004 14 APR	£120,000	£288,626	58% below HPI

148 WATER 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 148 WATER LANE sales between April 2004 and February 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 June 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 148 WATER LANE?

148 WATER LANE is 75m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 148 WATER LANE lies on this distribution: 17% of detached houses are smaller than 148 WATER LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Totton.

148 WATER LANE: Plot and Title Map

148 WATER LANE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 148 WATER 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 148 WATER 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 148 WATER LANE?

148 WATER LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 148 on WATER LANE.