27, WIDE LANE, SOUTHAMPTON, SO18 2HN - £311,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 WIDE LANE is a very small detached house of 37m², built sometime between 1950 and 1966, which could now be worth an estimated £358,810. It was last sold for £311,000 in February 2021, which was around 14% below the average February 2021 detached price in the Southampton local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

27 WIDE LANE Sold Prices

Land registry data shows three sales for 27 WIDE 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. All of the three 27 WIDE 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
2021 8 FEB	£311,000	£361,914	14% below HPI
2007 14 MAR	£215,000	£245,523	12% below HPI
2006 13 JUN	£168,000	£236,926	29% below HPI

27 WIDE 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 27 WIDE LANE sales between June 2006 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 March 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 27 WIDE LANE be worth now?

27 WIDE LANE might now be worth an estimated £358,810.

This is based on house price inflation of 15.4%, between February 2021 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.4% inflationary increase is applied to the most recent sale price for 27 WIDE LANE of £311,000 on 8th February 2021. For the value to have increased from £311,000 to £358,810 over the four years to February 2025, the following assumptions must hold true:

• The value of 27 WIDE LANE has moved in line with the HPI for detached houses in the Southampton local authority area.
• The February 2021 sale price of £311,000 represented a fair market value for the property.
• The size, condition, and specification of 27 WIDE LANE has not materially changed since February 2021.

How Large is 27 WIDE LANE?

27 WIDE LANE is 37m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 27 WIDE LANE lies on this distribution: Less than 1% of detached houses houses are smaller than 27 WIDE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southampton.

27 WIDE LANE: Plot and Title Map

27 WIDE LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 27 WIDE 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 27 WIDE 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 27 WIDE LANE?

27 WIDE LANE is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 27 on WIDE LANE.