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 LYDNEY ROAD is a very large extended detached house of 172m², built sometime between 1983 and 1990. It was last sold for £510,000 in March 2024, which was around 5% below the average March 2024 detached price in the Fareham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 2 LYDNEY ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 2 LYDNEY 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 |
---|---|---|---|
2024 18 MAR | £510,000 | £538,331 | 5% below HPI |
2014 18 MAR | £312,000 | £339,271 | 8% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 2 LYDNEY ROAD sales from March 2014 and March 2024 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 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
2 LYDNEY ROAD is 172m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 2 LYDNEY ROAD lies on this distribution: 90% of detached houses are smaller than 2 LYDNEY ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.
2 LYDNEY ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 2 LYDNEY 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 LYDNEY 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.
2 LYDNEY ROAD is located in LOCKS HEATH, in the SO31 postcode district. The below map shows the position of No. 2 on LYDNEY ROAD.