15, TEST LANE, SOUTHAMPTON, SO16 9BH - £285,000

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 TEST LANE is a small extended detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £329,398. It was last sold for £285,000 in November 2020, which was around 21% below the average November 2020 detached price in the Southampton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

15 TEST LANE Sold Prices

Land registry data shows two sales for 15 TEST 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 Southampton local authority area for the corresponding sale date. Both of the two 15 TEST 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 16 NOV	£285,000	£361,271	21% below HPI
2016 22 APR	£298,500	£316,747	6% below HPI

15 TEST LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 15 TEST LANE sales from April 2016 and November 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 April 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 TEST LANE be worth now?

15 TEST LANE might now be worth an estimated £329,398.

This is based on house price inflation of 15.6%, between November 2020 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 15 TEST LANE of £285,000 on 16th November 2020. For the value to have increased from £285,000 to £329,398 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 TEST LANE has moved in line with the HPI for detached houses in the Southampton local authority area.
• The November 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TEST LANE has not materially changed since November 2020.

How Large is 15 TEST LANE?

15 TEST LANE is 87m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 15 TEST LANE lies on this distribution: 31% of detached houses houses are smaller than 15 TEST LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Southampton.

15 TEST LANE: Plot and Title Map

15 TEST LANE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 15 TEST 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 TEST 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 TEST LANE?

15 TEST LANE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 15 on TEST LANE.