17, PARK LANE, COWPLAIN, WATERLOOVILLE, PO8 8AD - £490,000

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

17 PARK LANE is a very large extended detached house of 219m², built sometime between 1900 and 1929. It was last sold for £490,000 in March 2020, which was around 17% above the average March 2020 detached price in the Havant local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

17 PARK LANE Sold Prices

Land registry data shows two sales for 17 PARK 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. Both of the two 17 PARK LANE sales were for above 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 MAR	£490,000	£418,670	17% above HPI
2001 23 FEB	£220,000	£164,522	34% above HPI

17 PARK 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 17 PARK LANE sales from February 2001 and March 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 February 2001 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2020 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 17 PARK LANE?

17 PARK LANE is 219m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 17 PARK LANE lies on this distribution: 98% of detached houses are smaller than 17 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Horndean.

17 PARK LANE: Plot and Title Map

17 PARK LANE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 17 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 17 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 17 PARK LANE?

17 PARK LANE is located in COWPLAIN, in the PO8 postcode district. The below map shows the position of No. 17 on PARK LANE.