28, LAKEWOOD ROAD, ASHURST, SOUTHAMPTON, SO40 7DF - £279,900

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.

28 LAKEWOOD ROAD is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £445,988. It was last sold for £279,900 in May 2013, which was around 23% below the average May 2013 detached price in the New Forest local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

28 LAKEWOOD ROAD Sold Prices

Land registry data shows two sales for 28 LAKEWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 28 LAKEWOOD ROAD 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
2013 17 MAY	£279,900	£365,543	23% below HPI
2009 23 APR	£227,000	£305,558	26% below HPI

28 LAKEWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 28 LAKEWOOD ROAD sales from April 2009 and May 2013 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 April 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2013 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 28 LAKEWOOD ROAD be worth now?

28 LAKEWOOD ROAD might now be worth an estimated £445,988.

This is based on house price inflation of 59.3%, between May 2013 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.3% inflationary increase is applied to the most recent sale price for 28 LAKEWOOD ROAD of £279,900 on 17th May 2013. For the value to have increased from £279,900 to £445,988 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 28 LAKEWOOD ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The May 2013 sale price of £279,900 represented a fair market value for the property.
• The size, condition, and specification of 28 LAKEWOOD ROAD has not materially changed since May 2013.

How Large is 28 LAKEWOOD ROAD?

28 LAKEWOOD ROAD is 61m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Ashurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashurst, and where 28 LAKEWOOD ROAD lies on this distribution: 4% of detached houses houses are smaller than 28 LAKEWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ashurst.

28 LAKEWOOD ROAD: Plot and Title Map

28 LAKEWOOD ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 28 LAKEWOOD ROAD, 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 28 LAKEWOOD ROAD). 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 28 LAKEWOOD ROAD?

28 LAKEWOOD ROAD is located in ASHURST, in the SO40 postcode district. The below map shows the position of No. 28 on LAKEWOOD ROAD.