248, BROOK LANE, SARISBURY GREEN, SOUTHAMPTON, SO31 7DR - £525,000

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

248 BROOK LANE is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £525,000 in July 2022, which was around 6% below the average July 2022 detached price in the Fareham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

248 BROOK LANE Sold Prices

Land registry data shows three sales for 248 BROOK 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 Fareham local authority area for the corresponding sale date. All of the three 248 BROOK 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 20 JUL	£525,000	£556,950	6% below HPI
2017 27 NOV	£411,250	£450,648	9% below HPI
2011 19 AUG	£245,000	£317,927	23% below HPI

248 BROOK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 248 BROOK LANE sales between August 2011 and July 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 November 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 248 BROOK LANE?

248 BROOK LANE is 97m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of detached houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Locks Heath, and where 248 BROOK LANE lies on this distribution: 30% of detached houses are smaller than 248 BROOK LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

248 BROOK LANE: Plot and Title Map

248 BROOK LANE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 248 BROOK 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 248 BROOK 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 248 BROOK LANE?

248 BROOK LANE is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 248 on BROOK LANE.