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

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

28 LAKEWOOD ROAD is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £279,900 in May 2013, which was around 19% 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	£346,079	19% below HPI
2009 23 APR	£227,000	£289,288	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Ashurst, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst, and where 28 LAKEWOOD ROAD lies on this distribution: 4% of detached 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.