5, LOVAGE GARDENS, TOTTON, SOUTHAMPTON, SO40 8FR - £370,000

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

5 LOVAGE GARDENS is a midsized extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £370,000 in December 2020, which was around 27% below the average December 2020 detached price in the New Forest local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

5 LOVAGE GARDENS Sold Prices

Land registry data shows three sales for 5 LOVAGE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 5 LOVAGE GARDENS 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
2020 7 DEC	£370,000	£507,804	27% below HPI
2005 3 JUN	£235,000	£301,819	22% below HPI
2003 27 JUN	£224,600	£271,653	17% below HPI

5 LOVAGE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 5 LOVAGE GARDENS sales between June 2003 and December 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 June 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 LOVAGE GARDENS?

5 LOVAGE GARDENS is 100m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 5 LOVAGE GARDENS lies on this distribution: 52% of detached houses are smaller than 5 LOVAGE GARDENS, and 47% of houses are larger. Note that EPC data is not available for all properties in Totton.

5 LOVAGE GARDENS: Plot and Title Map

5 LOVAGE GARDENS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 5 LOVAGE GARDENS, 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 LOVAGE GARDENS). 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 LOVAGE GARDENS?

5 LOVAGE GARDENS is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 5 on LOVAGE GARDENS.