246, FOUNDRY LANE, SOUTHAMPTON, SO15 3JU - £365,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

246 FOUNDRY LANE is a midsized detached house of 112m², built sometime between 1930 and 1949. It was last sold for £365,000 in July 2023, which was around 14% below the average July 2023 detached price in the Southampton local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

246 FOUNDRY LANE Sold Prices

Land registry data shows two sales for 246 FOUNDRY 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 Southampton local authority area for the corresponding sale date. Both of the two 246 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
2023 28 JUL	£365,000	£424,036	14% below HPI
2002 23 AUG	£162,500	£189,918	14% below HPI

246 FOUNDRY 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 two 246 FOUNDRY LANE sales from August 2002 and July 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 August 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, which was also at 14% below the HPI.

How Large is 246 FOUNDRY LANE?

246 FOUNDRY LANE is 112m² according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 246 FOUNDRY LANE lies on this distribution: 59% of detached houses are smaller than 246 FOUNDRY LANE, and 40% of houses are larger. Note that EPC data is not available for all properties in Southampton.

246 FOUNDRY LANE: Plot and Title Map

246 FOUNDRY LANE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 246 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 246 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.

Where is 246 FOUNDRY LANE?

246 FOUNDRY LANE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 246 on FOUNDRY LANE.