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
44 WATER LANE is a midsized detached house of 97m². It was last sold for £335,000 in April 2017, which was around 27% below the average April 2017 detached price in the New Forest local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 44 WATER LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 44 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 |
---|---|---|---|
2017 20 APR | £335,000 | £456,091 | 27% below HPI |
2014 11 APR | £80,000 | £368,940 | 78% 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 two 44 WATER LANE sales from April 2014 and April 2017 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 2014 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the April 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
44 WATER LANE is 97m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 44 WATER LANE lies on this distribution: 48% of detached houses are smaller than 44 WATER LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Totton.
44 WATER LANE sits on a plot of roughly 0.109 of an acre, or 439m². The below map shows the location of 44 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 44 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.
44 WATER LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 44 on WATER LANE.