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
4 BROAD LANE is a small extended detached house of 90m², built sometime between 1900 and 1929. It was last sold for £310,000 in March 2022, which was around 48% below the average March 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 4 BROAD LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 4 BROAD 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 |
---|---|---|---|
2022 31 MAR | £310,000 | £597,873 | 48% below HPI |
1998 3 APR | £119,950 | £145,341 | 17% below HPI |
1995 7 JUN | £40,000 | £116,419 | 66% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 4 BROAD LANE sales between June 1995 and March 2022 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 April 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
4 BROAD LANE is 90m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in North Baddesley, based on EPC data. The below chart shows the distribution of detached houses by size in North Baddesley, and where 4 BROAD LANE lies on this distribution: 35% of detached houses are smaller than 4 BROAD LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in North Baddesley.
4 BROAD LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 4 BROAD 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 4 BROAD 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.
4 BROAD LANE is located in NORTH BADDESLEY, in the SO52 postcode district. The below map shows the position of No. 4 on BROAD LANE.