74, RAILS LANE, HAYLING ISLAND, PO11 9LP - £375,000

74 RAILS LANE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £375,000 in September 2021, which was around 20% below the average September 2021 detached price in the Havant local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

74 RAILS LANE Sold Prices

Land registry data shows four sales for 74 RAILS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the four 74 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
2021 30 SEP	£375,000	£469,116	20% below HPI
2017 16 JUN	£273,000	£409,025	33% below HPI
2008 17 APR	£272,500	£301,725	10% below HPI
2001 31 AUG	£175,000	£180,174	3% below HPI

74 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 four 74 RAILS LANE sales between August 2001 and September 2021 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 74 RAILS LANE?

74 RAILS LANE is 130m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% 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 74 RAILS LANE lies on this distribution: 66% of detached houses are smaller than 74 RAILS LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

74 RAILS LANE: Plot and Title Map

74 RAILS LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 74 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 74 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 74 RAILS LANE?

74 RAILS LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 74 on RAILS LANE.