53, PARK LANE, COWPLAIN, WATERLOOVILLE, PO8 8BB - £385,000

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

53 PARK LANE is a very large extended detached house of 176m², built sometime between 1900 and 1929. It was last sold for £385,000 in October 2012, which was around 28% above the average October 2012 detached price in the Havant local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

53 PARK LANE Sold Prices

Land registry data shows two sales for 53 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 53 PARK LANE 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
2012 26 OCT	£385,000	£299,690	28% above HPI
1999 21 OCT	£180,000	£136,533	32% above HPI

53 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 53 PARK LANE sales from October 1999 and October 2012 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 October 1999 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2012 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 53 PARK LANE?

53 PARK LANE is 176m², which includes four extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 10% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 53 PARK LANE lies on this distribution: 92% of detached houses are smaller than 53 PARK LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Horndean.

53 PARK LANE: Plot and Title Map

53 PARK LANE sits on a plot of roughly 0.151 of an acre, or 612m². The below map shows the location of 53 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 53 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 53 PARK LANE?

53 PARK LANE is located in COWPLAIN, in the PO8 postcode district. The below map shows the position of No. 53 on PARK LANE.