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
238 FOUNDRY LANE is a large detached house of 117m², built sometime between 1900 and 1929. It was last sold for £387,300 in October 2022, which was around 10% below the average October 2022 detached price in the Southampton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 238 FOUNDRY LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the four 238 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 |
---|---|---|---|
2022 13 OCT | £387,300 | £431,924 | 10% below HPI |
2012 5 JUL | £245,000 | £256,775 | 5% below HPI |
2004 11 FEB | £195,000 | £232,580 | 16% below HPI |
1997 18 APR | £67,500 | £86,229 | 22% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The four 238 FOUNDRY LANE sales between April 1997 and October 2022 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 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
238 FOUNDRY LANE is 117m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 238 FOUNDRY LANE lies on this distribution: 64% of detached houses are smaller than 238 FOUNDRY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Southampton.
238 FOUNDRY LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 238 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 238 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.
238 FOUNDRY LANE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 238 on FOUNDRY LANE.