3A, PARK LANE, OTTERBOURNE, WINCHESTER, SO21 2HY - £350,000

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

3A PARK LANE is a very large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £350,000 in March 2012, which was around 27% below the average March 2012 detached price in the Winchester local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

3A PARK LANE Sold Prices

Land registry data shows two sales for 3A PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 3A PARK 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
2012 8 MAR	£350,000	£478,643	27% below HPI
2004 18 AUG	£355,000	£389,753	9% below HPI

3A PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two 3A PARK LANE sales from August 2004 and March 2012 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 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3A PARK LANE?

3A PARK LANE is 142m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 20% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 3A PARK LANE lies on this distribution: 82% of detached houses are smaller than 3A PARK LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

3A PARK LANE: Plot and Title Map

3A PARK LANE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3A PARK 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 3A PARK 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 3A PARK LANE?

3A PARK LANE is located in OTTERBOURNE, in the SO21 postcode district. The below map shows the position of No. 3A on PARK LANE.