41, WATER LANE, TOTTON, SOUTHAMPTON, SO40 3DG - £153,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

41 WATER LANE is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £153,000 in April 2010, which was around 55% below the average April 2010 detached price in the New Forest local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

41 WATER LANE Sold Prices

Land registry data shows three sales for 41 WATER LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 41 WATER 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
2010 1 APR	£153,000	£336,695	55% below HPI
2001 31 AUG	£72,000	£205,549	65% below HPI
1999 21 SEP	£43,000	£155,532	72% below HPI

41 WATER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 41 WATER LANE sales between September 1999 and April 2010 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 2001 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the April 2010 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 41 WATER LANE?

41 WATER LANE is 70m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 41 WATER LANE lies on this distribution: 12% of detached houses are smaller than 41 WATER LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Totton.

41 WATER LANE: Plot and Title Map

41 WATER LANE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 41 WATER 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 WATER 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 41 WATER LANE?

41 WATER LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 41 on WATER LANE.