298, BROOK LANE, SARISBURY GREEN, SOUTHAMPTON, SO31 7DP - £475,000

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.

298 BROOK LANE is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £473,806. It was last sold for £475,000 in October 2024, which was around 14% below the average October 2024 detached price in the Fareham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

298 BROOK LANE Sold Prices

Land registry data shows two sales for 298 BROOK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 298 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
2024 30 OCT	£475,000	£553,579	14% below HPI
2014 31 JAN	£310,000	£334,228	7% below HPI

298 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 two 298 BROOK LANE sales from January 2014 and October 2024 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 January 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 298 BROOK LANE be worth now?

298 BROOK LANE might now be worth an estimated £473,806.

This is based on house price deflation of 0.3%, between October 2024 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 298 BROOK LANE of £475,000 on 30th October 2024. For the value to have decreased from £475,000 to £473,806 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 298 BROOK LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 298 BROOK LANE has not materially changed since October 2024.

How Large is 298 BROOK LANE?

298 BROOK LANE is 118m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Park Gate, and where 298 BROOK LANE lies on this distribution: 46% of detached houses houses are smaller than 298 BROOK LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

298 BROOK LANE: Plot and Title Map

298 BROOK LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 298 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 298 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 298 BROOK LANE?

298 BROOK LANE is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 298 on BROOK LANE.