2, LAKEWOOD ROAD, ASHURST, SOUTHAMPTON, SO40 7DJ - £376,000

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

2 LAKEWOOD ROAD is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £376,000 in February 2020, which was around 21% below the average February 2020 detached price in the New Forest local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

2 LAKEWOOD ROAD Sold Prices

Land registry data shows two sales for 2 LAKEWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 2 LAKEWOOD ROAD 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 17 FEB	£376,000	£474,776	21% below HPI
2001 24 OCT	£182,500	£206,945	12% below HPI

2 LAKEWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 LAKEWOOD ROAD sales from October 2001 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 October 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 LAKEWOOD ROAD?

2 LAKEWOOD ROAD is 79m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Ashurst, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst, and where 2 LAKEWOOD ROAD lies on this distribution: 20% of detached houses are smaller than 2 LAKEWOOD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ashurst.

2 LAKEWOOD ROAD: Plot and Title Map

2 LAKEWOOD ROAD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 2 LAKEWOOD ROAD, 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 2 LAKEWOOD ROAD). 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 2 LAKEWOOD ROAD?

2 LAKEWOOD ROAD is located in ASHURST, in the SO40 postcode district. The below map shows the position of No. 2 on LAKEWOOD ROAD.