10, SOVEREIGN LANE, WATERLOOVILLE, PO7 5RH - £375,000

10 SOVEREIGN LANE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £375,000 in July 2022, which was around 28% below the average July 2022 detached price in the Havant local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

10 SOVEREIGN LANE Sold Prices

Land registry data shows two sales for 10 SOVEREIGN LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 10 SOVEREIGN 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 12 JUL	£375,000	£517,402	28% below HPI
2020 28 OCT	£285,000	£437,314	35% below HPI

10 SOVEREIGN LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 10 SOVEREIGN LANE sales from October 2020 and July 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 October 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 10 SOVEREIGN LANE?

10 SOVEREIGN LANE is 70m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Purbrook, and where 10 SOVEREIGN LANE lies on this distribution: 9% of detached houses are smaller than 10 SOVEREIGN LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

10 SOVEREIGN LANE: Plot and Title Map

10 SOVEREIGN LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 10 SOVEREIGN 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 10 SOVEREIGN 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 10 SOVEREIGN LANE?

10 SOVEREIGN LANE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 10 on SOVEREIGN LANE.