5A, BOUND LANE, HAYLING ISLAND, PO11 9HU - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5A BOUND LANE is a large detached house of 123m², which could now be worth an estimated £692,276. It was last sold for £565,000 in March 2018, which was around 33% above the average March 2018 detached price in the Havant local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

5A BOUND LANE Sold Prices

Land registry data shows two sales for 5A BOUND 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 5A BOUND 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
2018 2 MAR	£565,000	£425,144	33% above HPI
2015 20 MAR	£415,000	£344,940	20% above HPI

5A BOUND 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 5A BOUND LANE sales from March 2015 and March 2018 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 March 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the March 2018 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5A BOUND LANE be worth now?

5A BOUND LANE might now be worth an estimated £692,276.

This is based on house price inflation of 22.5%, between March 2018 and February 2025, 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 22.5% inflationary increase is applied to the most recent sale price for 5A BOUND LANE of £565,000 on 2nd March 2018. For the value to have increased from £565,000 to £692,276 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 5A BOUND LANE has moved in line with the HPI for detached houses in the Havant local authority area.
• The March 2018 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 5A BOUND LANE has not materially changed since March 2018.

How Large is 5A BOUND LANE?

5A BOUND LANE is 123m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Hayling, and where 5A BOUND LANE lies on this distribution: 61% of detached houses houses are smaller than 5A BOUND LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

5A BOUND LANE: Plot and Title Map

5A BOUND LANE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 5A BOUND 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 5A BOUND 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 5A BOUND LANE?

5A BOUND LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 5A on BOUND LANE.