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
9 LAKE ROAD is a small extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £220,000 in November 2016, which was around 35% below the average November 2016 detached price in the Southampton local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 9 LAKE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the five 9 LAKE ROAD 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 |
---|---|---|---|
2016 21 NOV | £220,000 | £337,301 | 35% below HPI |
2014 11 JUN | £147,500 | £271,587 | 46% below HPI |
2003 4 AUG | £124,300 | £228,701 | 46% below HPI |
2002 22 FEB | £99,950 | £169,117 | 41% below HPI |
1998 9 OCT | £61,500 | £102,687 | 40% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The five 9 LAKE ROAD sales between October 1998 and November 2016 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 June 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
9 LAKE ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 9 LAKE ROAD lies on this distribution: 33% of detached houses are smaller than 9 LAKE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Southampton.
9 LAKE ROAD sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 9 LAKE ROAD, 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 9 LAKE ROAD). 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.
9 LAKE ROAD is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 9 on LAKE ROAD.