3, BOUND LANE, HAYLING ISLAND, PO11 9HU - £757,000

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

3 BOUND LANE is a very large extended detached house of 176m², built sometime between 1967 and 1975. It was last sold for £757,000 in June 2021, which was around 63% above the average June 2021 detached price in the Havant local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was C.

3 BOUND LANE Sold Prices

Land registry data shows three sales for 3 BOUND 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 Havant local authority area for the corresponding sale date. All of the three 3 BOUND LANE sales were for above 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 1 JUN	£757,000	£463,112	63% above HPI
2016 19 DEC	£625,000	£399,577	56% above HPI
2014 25 APR	£500,000	£308,497	62% above HPI

3 BOUND LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The three 3 BOUND LANE sales between April 2014 and June 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 December 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 3 BOUND LANE?

3 BOUND LANE is 176m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses by size in South Hayling, and where 3 BOUND LANE lies on this distribution: 87% of detached houses are smaller than 3 BOUND LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

3 BOUND LANE: Plot and Title Map

3 BOUND LANE sits on a plot of roughly 0.288 of an acre, or 1,165m². The below map shows the location of 3 BOUND 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 3 BOUND 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 3 BOUND LANE?

3 BOUND LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 3 on BOUND LANE.