250, BROOK LANE, SARISBURY GREEN, SOUTHAMPTON, SO31 7DR - £505,000

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

250 BROOK LANE is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £505,000 in February 2021, which was around 6% above the average February 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

250 BROOK LANE Sold Prices

Land registry data shows four sales for 250 BROOK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the four 250 BROOK LANE sales were for above 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
2021 3 FEB	£505,000	£477,515	6% above HPI
2016 24 JUN	£440,000	£411,509	7% above HPI
2003 29 SEP	£275,000	£266,343	3% above HPI
1998 16 JUL	£109,500	£130,195	16% below HPI

250 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 four 250 BROOK LANE sales between July 1998 and February 2021 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 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 250 BROOK LANE?

250 BROOK LANE is 108m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 250 BROOK LANE lies on this distribution: 41% of detached houses are smaller than 250 BROOK LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

250 BROOK LANE: Plot and Title Map

250 BROOK LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 250 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 250 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 250 BROOK LANE?

250 BROOK LANE is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 250 on BROOK LANE.