340, BROOK LANE, SARISBURY GREEN, SOUTHAMPTON, SO31 7DP - £617,500

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.

340 BROOK LANE is a very large extended detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £737,343. It was last sold for £617,500 in June 2020, which was around 34% above the average June 2020 detached price in the Fareham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

340 BROOK LANE Sold Prices

Land registry data shows three sales for 340 BROOK 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 Fareham local authority area for the corresponding sale date. Two of the three 340 BROOK LANE sales were for above the average price, whilst one was 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
2020 24 JUN	£617,500	£462,438	34% above HPI
2013 18 SEP	£420,000	£328,407	28% above HPI
2009 9 SEP	£204,000	£293,629	31% below HPI

340 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 three 340 BROOK LANE sales between September 2009 and June 2020 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 September 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 340 BROOK LANE be worth now?

340 BROOK LANE might now be worth an estimated £737,343.

This is based on house price inflation of 19.4%, between June 2020 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 19.4% inflationary increase is applied to the most recent sale price for 340 BROOK LANE of £617,500 on 24th June 2020. For the value to have increased from £617,500 to £737,343 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 340 BROOK LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2020 sale price of £617,500 represented a fair market value for the property.
• The size, condition, and specification of 340 BROOK LANE has not materially changed since June 2020.

How Large is 340 BROOK LANE?

340 BROOK LANE is 170m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 340 BROOK LANE lies on this distribution: 90% of detached houses houses are smaller than 340 BROOK LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

340 BROOK LANE: Plot and Title Map

340 BROOK LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 340 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 340 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 340 BROOK LANE?

340 BROOK LANE is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 340 on BROOK LANE.