15, NEW LANE, HAVANT, PO9 2JJ - £545,000

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 NEW LANE is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £545,000 in February 2020, which was around 30% above the average February 2020 detached price in the Havant local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

15 NEW LANE Sold Prices

Land registry data shows two sales for 15 NEW 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 Havant local authority area for the corresponding sale date. One of the two 15 NEW LANE sales was for above the average price, whilst the other was 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 28 FEB	£545,000	£418,640	30% above HPI
2012 26 JUN	£265,000	£290,689	9% below HPI

15 NEW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 15 NEW LANE sales from June 2012 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 June 2012 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 15 NEW LANE?

15 NEW LANE is 152m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where 15 NEW LANE lies on this distribution: 76% of detached houses are smaller than 15 NEW LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Havant.

15 NEW LANE: Plot and Title Map

15 NEW LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 15 NEW 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 NEW 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 NEW LANE?

15 NEW LANE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 15 on NEW LANE.