27, PARK LANE, COWPLAIN, WATERLOOVILLE, PO8 8AD - £450,000

27 PARK LANE is a large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £450,000 in September 2020, which was around 4% above the average September 2020 detached price in the Havant local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

27 PARK LANE Sold Prices

Land registry data shows five sales for 27 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Most of the five 27 PARK 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
2020 3 SEP	£450,000	£432,670	4% above HPI
2015 10 SEP	£350,000	£359,630	3% below HPI
2007 14 DEC	£221,999	£306,464	28% below HPI
2001 2 AUG	£195,000	£180,174	8% above HPI
1999 18 JUN	£118,000	£124,835	5% below HPI

27 PARK 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 five 27 PARK LANE sales between June 1999 and September 2020 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 September 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 27 PARK LANE?

27 PARK LANE is 126m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 27 PARK LANE lies on this distribution: 65% of detached houses are smaller than 27 PARK LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Horndean.

27 PARK LANE: Plot and Title Map

27 PARK LANE sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of 27 PARK 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 27 PARK 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 27 PARK LANE?

27 PARK LANE is located in COWPLAIN, in the PO8 postcode district. The below map shows the position of No. 27 on PARK LANE.