31, MAYS LANE, FAREHAM, PO14 2EW - £225,000

31 MAYS LANE is a very large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £225,000 in February 2009, which was around 20% below the average February 2009 detached price in the Fareham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

31 MAYS LANE Sold Prices

Land registry data shows two sales for 31 MAYS 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 Fareham local authority area for the corresponding sale date. Both of the two 31 MAYS 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
2009 27 FEB	£225,000	£282,797	20% below HPI
2006 1 AUG	£288,000	£296,700	3% below HPI

31 MAYS LANE 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 31 MAYS LANE sales from August 2006 and February 2009 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 August 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2009 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 MAYS LANE?

31 MAYS LANE is 150m² according to the EPC inspection conducted in December 2008. This puts it in the largest 20% of detached houses in Stubbington, based on EPC data. The below chart shows the distribution of detached houses by size in Stubbington, and where 31 MAYS LANE lies on this distribution: 82% of detached houses are smaller than 31 MAYS LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Stubbington.

31 MAYS LANE: Plot and Title Map

31 MAYS LANE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 31 MAYS 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 31 MAYS 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 31 MAYS LANE?

31 MAYS LANE is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 31 on MAYS LANE.