Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
84 MAYS LANE is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £204,000 in February 2004, which was around 23% below the average February 2004 detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 84 MAYS LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 84 MAYS 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 |
---|---|---|---|
2004 5 FEB | £204,000 | £264,992 | 23% below HPI |
1999 17 DEC | £120,000 | £147,184 | 18% below HPI |
1996 11 NOV | £72,000 | £107,807 | 33% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 84 MAYS LANE sales between November 1996 and February 2004 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 December 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2004 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
84 MAYS LANE is 80m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 84 MAYS LANE lies on this distribution: 19% of detached houses are smaller than 84 MAYS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Stubbington.
84 MAYS LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 84 MAYS 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 84 MAYS 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.
84 MAYS LANE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 84 on MAYS LANE.