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
41 MORTIMERS LANE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £522,000 in September 2022, which was around 5% below the average September 2022 detached price in the Eastleigh local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 41 MORTIMERS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 41 MORTIMERS 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 22 SEP | £522,000 | £547,560 | 5% below HPI |
2019 30 MAY | £417,500 | £450,235 | 7% below HPI |
1999 30 APR | £122,500 | £131,770 | 7% below HPI |
The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 41 MORTIMERS LANE sales between April 1999 and September 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 May 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
41 MORTIMERS LANE is 130m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 41 MORTIMERS LANE lies on this distribution: 73% of detached houses are smaller than 41 MORTIMERS LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.
41 MORTIMERS LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 41 MORTIMERS 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 41 MORTIMERS 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.
41 MORTIMERS LANE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 41 on MORTIMERS LANE.