242, LOVEDEAN LANE, WATERLOOVILLE, PO8 9RY - £307,000

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

242 LOVEDEAN LANE is a very small detached house of 65m², built sometime before 1900. It was last sold for £307,000 in May 2008, which was around 21% below the average May 2008 detached price in the East Hampshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

242 LOVEDEAN LANE Sold Prices

Land registry data shows three sales for 242 LOVEDEAN 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 East Hampshire local authority area for the corresponding sale date. All of the three 242 LOVEDEAN 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
2008 28 MAY	£307,000	£390,004	21% below HPI
2004 21 JUN	£250,000	£320,094	22% below HPI
1996 4 OCT	£91,000	£127,403	29% below HPI

242 LOVEDEAN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three 242 LOVEDEAN LANE sales between October 1996 and May 2008 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2008 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 242 LOVEDEAN LANE?

242 LOVEDEAN LANE is 65m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 242 LOVEDEAN LANE lies on this distribution: 3% of detached houses are smaller than 242 LOVEDEAN LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Horndean.

242 LOVEDEAN LANE: Plot and Title Map

242 LOVEDEAN LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 242 LOVEDEAN 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 242 LOVEDEAN 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 242 LOVEDEAN LANE?

242 LOVEDEAN LANE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 242 on LOVEDEAN LANE.