344, BROOK LANE, SARISBURY GREEN, SOUTHAMPTON, SO31 7DP - £515,000

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

344 BROOK LANE is a large extended detached house of 140m², built sometime between 1996 and 2002. It was last sold for £515,000 in July 2024, which was around 5% below the average July 2024 detached price in the Fareham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was C.

344 BROOK LANE Sold Prices

Land registry data shows four sales for 344 BROOK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Most of the four 344 BROOK 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
2024 12 JUL	£515,000	£543,457	5% below HPI
2002 25 JUL	£230,000	£225,598	2% above HPI
1999 15 JAN	£136,500	£130,936	4% above HPI
1997 12 SEP	£128,500	£122,024	5% above HPI

344 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 four 344 BROOK LANE sales between September 1997 and July 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 July 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 344 BROOK LANE?

344 BROOK LANE is 140m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 30% 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 344 BROOK LANE lies on this distribution: 74% of detached houses are smaller than 344 BROOK LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

344 BROOK LANE: Plot and Title Map

344 BROOK LANE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 344 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 344 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 344 BROOK LANE?

344 BROOK LANE is located in SARISBURY GREEN, in the SO31 postcode district. The below map shows the position of No. 344 on BROOK LANE.