5, LAKE FARM CLOSE, HEDGE END, SOUTHAMPTON, SO30 4SB - £392,500

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

5 LAKE FARM CLOSE is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £392,500 in April 2017, which was around 10% below the average April 2017 detached price in the Eastleigh local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

5 LAKE FARM CLOSE Sold Prices

Land registry data shows three sales for 5 LAKE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 5 LAKE FARM CLOSE 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 21 APR	£392,500	£437,525	10% below HPI
2015 30 JAN	£320,000	£365,328	12% below HPI
2002 26 JUL	£185,000	£233,886	21% below HPI

5 LAKE FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 5 LAKE FARM CLOSE sales between July 2002 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 January 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 LAKE FARM CLOSE?

5 LAKE FARM CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 5 LAKE FARM CLOSE lies on this distribution: 75% of detached houses are smaller than 5 LAKE FARM CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

5 LAKE FARM CLOSE: Plot and Title Map

5 LAKE FARM CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 5 LAKE FARM CLOSE, 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 5 LAKE FARM CLOSE). 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 5 LAKE FARM CLOSE?

5 LAKE FARM CLOSE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 5 on LAKE FARM CLOSE.