54, RAILS LANE, HAYLING ISLAND, PO11 9LW - £360,000

54 RAILS LANE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £360,000 in March 2018, which was around 14% below the average March 2018 detached price in the Havant local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

54 RAILS LANE Sold Prices

Land registry data shows three sales for 54 RAILS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the three 54 RAILS 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
2018 29 MAR	£360,000	£416,264	14% below HPI
2004 24 MAY	£256,000	£258,291	1% below HPI
1996 3 MAY	£78,050	£96,613	19% below HPI

54 RAILS 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 three 54 RAILS LANE sales between May 1996 and March 2018 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 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 54 RAILS LANE?

54 RAILS LANE is 110m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses by size in South Hayling, and where 54 RAILS LANE lies on this distribution: 49% of detached houses are smaller than 54 RAILS LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

54 RAILS LANE: Plot and Title Map

54 RAILS LANE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of 54 RAILS 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 54 RAILS 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 54 RAILS LANE?

54 RAILS LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 54 on RAILS LANE.