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
5B BOUND LANE is a large detached house of 123m². It was last sold for £445,000 in October 2018, which was around 3% above the average October 2018 detached price in the Havant local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 5B BOUND LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the three 5B 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 29 OCT | £445,000 | £431,855 | 3% above HPI |
2015 9 JAN | £399,995 | £336,830 | 19% above HPI |
2006 8 DEC | £300,000 | £285,298 | 5% above HPI |
The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The three 5B BOUND LANE sales between December 2006 and October 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 January 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
5B BOUND LANE is 123m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses by size in South Hayling, and where 5B BOUND LANE lies on this distribution: 61% of detached houses are smaller than 5B BOUND LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in South Hayling.
5B BOUND LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 5B 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 5B 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.
5B BOUND LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 5B on BOUND LANE.