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
42 LAVENDER ROAD is a midsized extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £341,000 in October 2019, which was around 29% below the average October 2019 detached price in the New Forest local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 42 LAVENDER ROAD since 1st 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 42 LAVENDER ROAD 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 |
---|---|---|---|
2019 28 OCT | £341,000 | £477,066 | 29% below HPI |
1999 15 SEP | £125,000 | £155,532 | 20% below HPI |
1997 2 JUL | £90,000 | £119,407 | 25% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 42 LAVENDER ROAD sales between July 1997 and October 2019 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 September 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
42 LAVENDER ROAD is 99m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses by size in Hordle, and where 42 LAVENDER ROAD lies on this distribution: 44% of detached houses are smaller than 42 LAVENDER ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Hordle.
42 LAVENDER ROAD sits on a plot of roughly 0.077 of an acre, or 314m². The below map shows the location of 42 LAVENDER ROAD, 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 42 LAVENDER ROAD). 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.
42 LAVENDER ROAD is located in HORDLE, in the SO41 postcode district. The below map shows the position of No. 42 on LAVENDER ROAD.