2, SOUTH LANE, SOUTHBOURNE, EMSWORTH, PO10 8PP - £419,000

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

2 SOUTH LANE is a midsized extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £419,000 in July 2016, which was around 25% below the average July 2016 detached price in the Chichester local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

2 SOUTH LANE Sold Prices

Land registry data shows three sales for 2 SOUTH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. All of the three 2 SOUTH 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
2016 1 JUL	£419,000	£560,638	25% below HPI
2011 14 JUL	£360,000	£442,409	19% below HPI
2006 14 JUN	£300,000	£390,272	23% below HPI

2 SOUTH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 2 SOUTH LANE sales between June 2006 and July 2016 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 July 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 SOUTH LANE?

2 SOUTH LANE is 131m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses in Southbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Southbourne, and where 2 SOUTH LANE lies on this distribution: 59% of detached houses are smaller than 2 SOUTH LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Southbourne.

2 SOUTH LANE: Plot and Title Map

2 SOUTH LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 2 SOUTH 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 2 SOUTH 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 2 SOUTH LANE?

2 SOUTH LANE is located in SOUTHBOURNE, in the PO10 postcode district. The below map shows the position of No. 2 on SOUTH LANE.