15, LANCASTER CLOSE, BURSLEDON, SOUTHAMPTON, SO31 8GT - £230,000

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

15 LANCASTER CLOSE is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £230,000 in August 2005, which was around 20% below the average August 2005 detached price in the Eastleigh local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

15 LANCASTER CLOSE Sold Prices

Land registry data shows four sales for 15 LANCASTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the four 15 LANCASTER CLOSE 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
2005 31 AUG	£230,000	£288,545	20% below HPI
2005 7 FEB	£170,000	£283,129	40% below HPI
1998 18 AUG	£89,000	£129,932	32% below HPI
1997 18 JUL	£79,950	£111,349	28% below HPI

15 LANCASTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The four 15 LANCASTER CLOSE sales between July 1997 and August 2005 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 February 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2005 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 LANCASTER CLOSE?

15 LANCASTER CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Lowford, based on EPC data. The below chart shows the distribution of detached houses by size in Lowford, and where 15 LANCASTER CLOSE lies on this distribution: 10% of detached houses are smaller than 15 LANCASTER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Lowford.

15 LANCASTER CLOSE: Plot and Title Map

15 LANCASTER CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 15 LANCASTER CLOSE, 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 LANCASTER CLOSE). 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 LANCASTER CLOSE?

15 LANCASTER CLOSE is located in BURSLEDON, in the SO31 postcode district. The below map shows the position of No. 15 on LANCASTER CLOSE.