58, WATER LANE, TOTTON, SOUTHAMPTON, SO40 3DN - £175,000

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

58 WATER LANE is a large extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2003, which was around 36% below the average April 2003 detached price in the New Forest local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

58 WATER LANE Sold Prices

Land registry data shows three sales for 58 WATER LANE 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 58 WATER 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
2003 17 APR	£175,000	£274,130	36% below HPI
2001 19 APR	£124,500	£189,409	34% below HPI
1997 4 JUL	£69,300	£119,407	42% below HPI

58 WATER LANE 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 58 WATER LANE sales between July 1997 and April 2003 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2003 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 58 WATER LANE?

58 WATER LANE is 122m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 30% of detached houses in Totton, based on EPC data. The below chart shows the distribution of detached houses by size in Totton, and where 58 WATER LANE lies on this distribution: 76% of detached houses are smaller than 58 WATER LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Totton.

58 WATER LANE: Plot and Title Map

58 WATER LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 58 WATER 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 58 WATER 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 58 WATER LANE?

58 WATER LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 58 on WATER LANE.