8, LUKIN DRIVE, NURSLING, SOUTHAMPTON, SO16 0TN - £345,000

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

8 LUKIN DRIVE is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £345,000 in May 2021, which was around 36% below the average May 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

8 LUKIN DRIVE Sold Prices

Land registry data shows four sales for 8 LUKIN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four 8 LUKIN DRIVE 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
2021 10 MAY	£345,000	£537,318	36% below HPI
2016 27 SEP	£335,000	£478,920	30% below HPI
2006 17 MAR	£235,000	£322,151	27% below HPI
1998 16 NOV	£108,000	£151,313	29% below HPI

8 LUKIN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 8 LUKIN DRIVE sales between November 1998 and May 2021 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 September 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 LUKIN DRIVE?

8 LUKIN DRIVE is 81m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the smallest 20% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 8 LUKIN DRIVE lies on this distribution: 12% of detached houses are smaller than 8 LUKIN DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Nursling.

8 LUKIN DRIVE: Plot and Title Map

8 LUKIN DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 8 LUKIN DRIVE, 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 8 LUKIN DRIVE). 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 8 LUKIN DRIVE?

8 LUKIN DRIVE is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 8 on LUKIN DRIVE.