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
46 PARK LANE is a very large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £365,000 in October 2014, which was around 10% above the average October 2014 detached price in the Havant local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 46 PARK LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. One of the three 46 PARK LANE sales was for above the average price, whilst two 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 |
---|---|---|---|
2014 17 OCT | £365,000 | £333,314 | 10% above HPI |
2002 2 DEC | £159,995 | £230,116 | 30% below HPI |
1997 17 OCT | £83,000 | £113,617 | 27% below HPI |
The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The three 46 PARK LANE sales between October 1997 and October 2014 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 December 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
46 PARK LANE is 184m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where 46 PARK LANE lies on this distribution: 88% of detached houses are smaller than 46 PARK LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Havant.
46 PARK LANE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 46 PARK 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 46 PARK 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.
46 PARK LANE is located in BEDHAMPTON, in the PO9 postcode district. The below map shows the position of No. 46 on PARK LANE.