20, SOVEREIGN LANE, WATERLOOVILLE, PO7 5RH - £390,000

20 SOVEREIGN LANE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £390,000 in October 2023, which was around 24% below the average October 2023 detached price in the Havant local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

20 SOVEREIGN LANE Sold Prices

Land registry data shows two sales for 20 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 20 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
2023 9 OCT	£390,000	£512,229	24% below HPI
2017 16 JUN	£299,950	£409,025	27% below HPI

20 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 20 SOVEREIGN LANE sales from June 2017 and October 2023 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 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 20 SOVEREIGN LANE?

20 SOVEREIGN LANE is 75m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Purbrook, and where 20 SOVEREIGN LANE lies on this distribution: 12% of detached houses are smaller than 20 SOVEREIGN LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

20 SOVEREIGN LANE: Plot and Title Map

20 SOVEREIGN LANE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 20 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 20 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 20 SOVEREIGN LANE?

20 SOVEREIGN LANE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 20 on SOVEREIGN LANE.