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
173 FOUNDRY LANE is a small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £85,000 in October 2007, which was around 69% below the average October 2007 detached price in the Southampton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 173 FOUNDRY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 173 FOUNDRY 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 |
---|---|---|---|
2007 23 OCT | £85,000 | £269,999 | 69% below HPI |
2003 28 MAR | £95,000 | £218,439 | 57% below HPI |
1998 31 JUL | £65,000 | £102,323 | 36% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 173 FOUNDRY LANE sales between July 1998 and October 2007 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 March 2003 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2007 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.
173 FOUNDRY LANE is 83m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 173 FOUNDRY LANE lies on this distribution: 27% of detached houses are smaller than 173 FOUNDRY LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Southampton.
173 FOUNDRY LANE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 173 FOUNDRY 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 173 FOUNDRY 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.
173 FOUNDRY LANE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 173 on FOUNDRY LANE.