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
340 BROOK LANE is a very large extended detached house of 170m², built sometime between 1930 and 1949. It was last sold for £617,500 in June 2020, which was around 35% 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.
Land registry data shows three sales for 340 BROOK LANE since 1st 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 | £458,172 | 35% above HPI |
2013 18 SEP | £420,000 | £325,378 | 29% above HPI |
2009 9 SEP | £204,000 | £290,920 | 30% below HPI |
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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2020 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
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 in Park Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Park Gate, and where 340 BROOK LANE lies on this distribution: 91% of detached houses are smaller than 340 BROOK LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Park Gate.
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.
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.