48, GREENAWAY LANE, WARSASH, SOUTHAMPTON, SO31 9HS - £710,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 GREENAWAY LANE is a small extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £843,986. It was last sold for £710,000 in June 2020, which was around 54% above the average June 2020 detached price in the Fareham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

48 GREENAWAY LANE Sold Prices

Land registry data shows three sales for 48 GREENAWAY 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 Fareham local authority area for the corresponding sale date. All of the three 48 GREENAWAY LANE sales were for above 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
2020 1 JUN	£710,000	£462,438	54% above HPI
2010 29 OCT	£483,000	£326,794	48% above HPI
2000 22 FEB	£185,000	£155,873	19% above HPI

48 GREENAWAY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 48 GREENAWAY LANE sales between February 2000 and June 2020 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 October 2010 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 48 GREENAWAY LANE be worth now?

48 GREENAWAY LANE might now be worth an estimated £843,986.

This is based on house price inflation of 18.9%, between June 2020 and March 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 48 GREENAWAY LANE of £710,000 on 1st June 2020. For the value to have increased from £710,000 to £843,986 over the five years and three months to March 2025, the following assumptions must hold true:

• The value of 48 GREENAWAY LANE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The June 2020 sale price of £710,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GREENAWAY LANE has not materially changed since June 2020.

How Large is 48 GREENAWAY LANE?

48 GREENAWAY LANE is 105m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warsash, and where 48 GREENAWAY LANE lies on this distribution: 35% of detached houses houses are smaller than 48 GREENAWAY LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Warsash.

48 GREENAWAY LANE: Plot and Title Map

48 GREENAWAY LANE sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of 48 GREENAWAY 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 48 GREENAWAY 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 48 GREENAWAY LANE?

48 GREENAWAY LANE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 48 on GREENAWAY LANE.