68, WATER LANE, TOTTON, SOUTHAMPTON, SO40 3DN - £360,000

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

68 WATER LANE is a small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £360,000 in June 2022, which was around 39% below the average June 2022 detached price in the New Forest local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

68 WATER LANE Sold Prices

Land registry data shows five sales for 68 WATER LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the five 68 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
2022 23 JUN	£360,000	£586,690	39% below HPI
2017 20 APR	£285,000	£456,091	38% below HPI
2011 21 DEC	£222,000	£340,600	35% below HPI
2009 15 SEP	£190,000	£315,532	40% below HPI
2003 20 JUN	£176,000	£271,653	35% below HPI

68 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 five 68 WATER LANE sales between June 2003 and June 2022 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 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 68 WATER LANE?

68 WATER LANE is 84m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 68 WATER LANE lies on this distribution: 29% of detached houses are smaller than 68 WATER LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Totton.

68 WATER LANE: Plot and Title Map

68 WATER LANE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 68 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 68 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 68 WATER LANE?

68 WATER LANE is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 68 on WATER LANE.