20, SOVEREIGN LANE, WATERLOOVILLE, PO7 5RH - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20 SOVEREIGN LANE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £390,000 in October 2023, which was around 24% below the average October 2023 detached price in the Havant local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

20 SOVEREIGN LANE Sold Prices

Land registry data shows two sales for 20 SOVEREIGN 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 20 SOVEREIGN 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
2023 9 OCT	£390,000	£516,313	24% below HPI
2017 16 JUN	£299,950	£417,750	28% below HPI

20 SOVEREIGN 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 20 SOVEREIGN LANE sales from June 2017 and October 2023 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 June 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 20 SOVEREIGN LANE be worth now?

20 SOVEREIGN LANE might now be worth an estimated £389,029.

This is based on house price deflation of 0.2%, between October 2023 and December 2024, for detached houses, in the Havant local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 20 SOVEREIGN LANE of £390,000 on 9th October 2023. For the value to have decreased from £390,000 to £389,029 over the ten months to December 2024, the following assumptions must hold true:

• The value of 20 SOVEREIGN LANE has moved in line with the HPI for detached houses in the Havant local authority area.
• The October 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SOVEREIGN LANE has not materially changed since October 2023.

How Large is 20 SOVEREIGN LANE?

20 SOVEREIGN LANE is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purbrook, and where 20 SOVEREIGN LANE lies on this distribution: 12% of detached houses houses are smaller than 20 SOVEREIGN LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

20 SOVEREIGN LANE: Plot and Title Map

20 SOVEREIGN LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 20 SOVEREIGN 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 20 SOVEREIGN 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 20 SOVEREIGN LANE?

20 SOVEREIGN LANE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 20 on SOVEREIGN LANE.