48, PARK LANE, BEDHAMPTON, HAVANT, PO9 3HL - £378,000

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

48 PARK LANE is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £378,000 in October 2016, which was around 2% below the average October 2016 detached price in the Havant local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

48 PARK LANE Sold Prices

Land registry data shows two sales for 48 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 48 PARK 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
2016 17 OCT	£378,000	£387,553	2% below HPI
1996 8 NOV	£83,500	£98,712	15% below HPI

48 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 48 PARK LANE sales from November 1996 and October 2016 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 November 1996 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 48 PARK LANE?

48 PARK LANE is 120m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where 48 PARK LANE lies on this distribution: 49% of detached houses are smaller than 48 PARK LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Havant.

48 PARK LANE: Plot and Title Map

48 PARK LANE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 48 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 48 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.

Where is 48 PARK LANE?

48 PARK LANE is located in BEDHAMPTON, in the PO9 postcode district. The below map shows the position of No. 48 on PARK LANE.