5, SOVEREIGN LANE, WATERLOOVILLE, PO7 5RH - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SOVEREIGN LANE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2020, which was around 33% below the average October 2020 detached price in the Havant local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 SOVEREIGN LANE Sold Prices

Land registry data shows two sales for 5 SOVEREIGN 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 5 SOVEREIGN 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
2020 9 OCT	£300,000	£446,643	33% below HPI
1997 4 APR	£81,995	£107,845	24% below HPI

5 SOVEREIGN 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 5 SOVEREIGN LANE sales from April 1997 and October 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 April 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 SOVEREIGN LANE be worth now?

5 SOVEREIGN LANE might now be worth an estimated £345,933.

This is based on house price inflation of 15.3%, between October 2020 and December 2024, for detached houses, in the Havant local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for 5 SOVEREIGN LANE of £300,000 on 9th October 2020. For the value to have increased from £300,000 to £345,933 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 SOVEREIGN LANE has moved in line with the HPI for detached houses in the Havant local authority area.
• The October 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SOVEREIGN LANE has not materially changed since October 2020.

How Large is 5 SOVEREIGN LANE?

5 SOVEREIGN LANE is 73m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purbrook, and where 5 SOVEREIGN LANE lies on this distribution: 11% of detached houses houses are smaller than 5 SOVEREIGN LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

5 SOVEREIGN LANE: Plot and Title Map

5 SOVEREIGN LANE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 5 SOVEREIGN 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 5 SOVEREIGN 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 5 SOVEREIGN LANE?

5 SOVEREIGN LANE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 5 on SOVEREIGN LANE.