240, HILL LANE, SOUTHAMPTON, SO15 7NT - £605,000

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

240 HILL LANE is a very large detached house of 208m², built sometime between 1900 and 1929. It was last sold for £605,000 in August 2016, which was around 80% above the average August 2016 detached price in the Southampton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

240 HILL LANE Sold Prices

Land registry data shows three sales for 240 HILL 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 Southampton local authority area for the corresponding sale date. Two of the three 240 HILL LANE sales were for above the average price, whilst one was 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 18 AUG	£605,000	£335,497	80% above HPI
2007 5 NOV	£482,000	£270,431	78% above HPI
2006 1 DEC	£175,000	£246,680	29% below HPI

240 HILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 240 HILL LANE sales between December 2006 and August 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 November 2007 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2016 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 240 HILL LANE?

240 HILL LANE is 208m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 240 HILL LANE lies on this distribution: 96% of detached houses are smaller than 240 HILL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Southampton.

240 HILL LANE: Plot and Title Map

240 HILL LANE sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 240 HILL 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 240 HILL 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 240 HILL LANE?

240 HILL LANE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 240 on HILL LANE.