15, KNOWLE PARK LANE, FAIR OAK, EASTLEIGH, SO50 7GL - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 KNOWLE PARK LANE is a very small semi-detached house of 77m², which could now be worth an estimated £261,465. It was last sold for £225,000 in February 2020, which was around 23% below the average February 2020 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

15 KNOWLE PARK LANE Sold Prices

Land registry data shows two sales for 15 KNOWLE PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. Both of the two 15 KNOWLE PARK 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
2020 20 FEB	£225,000	£291,010	23% below HPI
2017 8 DEC	£225,000	£281,963	20% below HPI

15 KNOWLE PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 15 KNOWLE PARK LANE sales from December 2017 and February 2020 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 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 15 KNOWLE PARK LANE be worth now?

15 KNOWLE PARK LANE might now be worth an estimated £261,465.

This is based on house price inflation of 16.2%, between February 2020 and February 2025, for semi-detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for 15 KNOWLE PARK LANE of £225,000 on 20th February 2020. For the value to have increased from £225,000 to £261,465 over the five years to February 2025, the following assumptions must hold true:

• The value of 15 KNOWLE PARK LANE has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The February 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 KNOWLE PARK LANE has not materially changed since February 2020.

How Large is 15 KNOWLE PARK LANE?

15 KNOWLE PARK LANE is 77m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Horton Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horton Heath, and where 15 KNOWLE PARK LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 15 KNOWLE PARK LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Horton Heath.

15 KNOWLE PARK LANE: Plot and Title Map

15 KNOWLE PARK LANE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 15 KNOWLE 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 15 KNOWLE 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 15 KNOWLE PARK LANE?

15 KNOWLE PARK LANE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 15 on KNOWLE PARK LANE.