LACABANA, DUNCAN ROAD, PARK GATE, SOUTHAMPTON, SO31 1BD - £303,000

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

LACABANA is a small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £303,000 in January 2016, which was around 24% below the average January 2016 detached price in the Fareham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

LACABANA Sold Prices

Land registry data shows two sales for LACABANA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two LACABANA 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 15 JAN	£303,000	£398,359	24% below HPI
2001 15 JUN	£120,000	£186,326	36% below HPI

LACABANA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two LACABANA sales from June 2001 and January 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 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is LACABANA?

LACABANA is 107m², which includes three extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 40% of detached houses in Park Gate, based on EPC data. The below chart shows the distribution of detached houses by size in Park Gate, and where LACABANA lies on this distribution: 34% of detached houses are smaller than LACABANA, and 64% of houses are larger. Note that EPC data is not available for all properties in Park Gate.

LACABANA: Plot and Title Map

LACABANA sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of LACABANA, 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 LACABANA). 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 LACABANA?

LACABANA is located on DUNCAN ROAD in PARK GATE, in the SO31 postcode district. The below map shows the position of LACABANA on DUNCAN ROAD.