2A, SOUTH LANE, SOUTHBOURNE, EMSWORTH, PO10 8PP - £392,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2A SOUTH LANE is a large detached house of 145m², built sometime between 1983 and 1990. It was last sold for £392,000 in March 2019, which was around 32% below the average March 2019 detached price in the Chichester local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2A SOUTH LANE Sold Prices

Land registry data shows three sales for 2A SOUTH 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 Chichester local authority area for the corresponding sale date. All of the three 2A SOUTH 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
2019 8 MAR	£392,000	£577,754	32% below HPI
2005 2 AUG	£282,000	£371,223	24% below HPI
2004 23 DEC	£235,000	£374,661	37% below HPI

2A SOUTH LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The three 2A SOUTH LANE sales between December 2004 and March 2019 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 August 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2A SOUTH LANE?

2A SOUTH LANE is 145m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Southbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Southbourne, and where 2A SOUTH LANE lies on this distribution: 72% of detached houses are smaller than 2A SOUTH LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Southbourne.

2A SOUTH LANE: Plot and Title Map

2A SOUTH LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 2A SOUTH 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 2A SOUTH 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 2A SOUTH LANE?

2A SOUTH LANE is located in SOUTHBOURNE, in the PO10 postcode district. The below map shows the position of No. 2A on SOUTH LANE.