298, OLD SWANWICK LANE, LOWER SWANWICK, SOUTHAMPTON, SO31 7GS - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

298 OLD SWANWICK LANE is a very small extended semi-detached house of 106m², built sometime between 1900 and 1929, which could now be worth an estimated £467,690. It was last sold for £480,000 in July 2023, which was around 39% above the average July 2023 semi-detached price in the Fareham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

298 OLD SWANWICK LANE Sold Prices

Land registry data shows four sales for 298 OLD SWANWICK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. All of the four 298 OLD SWANWICK LANE sales were for above 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 5 JUL	£480,000	£344,258	39% above HPI
2006 24 MAY	£240,000	£182,452	32% above HPI
2002 16 JAN	£155,000	£122,685	26% above HPI
2000 31 OCT	£128,000	£106,339	20% above HPI

298 OLD SWANWICK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Fareham local authority area over time, sourced from the HPI. The four 298 OLD SWANWICK LANE sales between October 2000 and July 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 May 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 298 OLD SWANWICK LANE be worth now?

298 OLD SWANWICK LANE might now be worth an estimated £467,690.

This is based on house price deflation of 2.6%, between July 2023 and July 2025, for semi-detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% deflationary decrease is applied to the most recent sale price for 298 OLD SWANWICK LANE of £480,000 on 5th July 2023. For the value to have decreased from £480,000 to £467,690 over the two years to July 2025, the following assumptions must hold true:

• The value of 298 OLD SWANWICK LANE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The July 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 298 OLD SWANWICK LANE has not materially changed since July 2023.

How Large is 298 OLD SWANWICK LANE?

298 OLD SWANWICK LANE is 106m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of semi-detached houses houses in Swanwick, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swanwick, and where 298 OLD SWANWICK LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 298 OLD SWANWICK LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

298 OLD SWANWICK LANE: Plot and Title Map

298 OLD SWANWICK LANE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 298 OLD SWANWICK 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 298 OLD SWANWICK 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 298 OLD SWANWICK LANE?

298 OLD SWANWICK LANE is located in LOWER SWANWICK, in the SO31 postcode district. The below map shows the position of No. 298 on OLD SWANWICK LANE.