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
48 LAKEWOOD ROAD is a large extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £329,500 in May 2006, which was around 8% above the average May 2006 detached price in the New Forest local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 48 LAKEWOOD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Most of the four 48 LAKEWOOD ROAD 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 |
---|---|---|---|
2006 31 MAY | £329,500 | £305,767 | 8% above HPI |
2001 10 MAY | £237,000 | £198,047 | 20% above HPI |
1997 15 DEC | £75,000 | £130,211 | 42% below HPI |
1996 22 NOV | £131,000 | £108,543 | 21% above HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 48 LAKEWOOD ROAD sales between November 1996 and May 2006 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 May 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2006 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
48 LAKEWOOD ROAD is 126m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses in Ashurst, based on EPC data. The below chart shows the distribution of detached houses by size in Ashurst, and where 48 LAKEWOOD ROAD lies on this distribution: 63% of detached houses are smaller than 48 LAKEWOOD ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Ashurst.
48 LAKEWOOD ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 48 LAKEWOOD 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 48 LAKEWOOD 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.
48 LAKEWOOD ROAD is located in ASHURST, in the SO40 postcode district. The below map shows the position of No. 48 on LAKEWOOD ROAD.