Flat 18, Lake House Paynes Road, Freemantle, Southampton, SO15 3SH is a leasehold flat built between 1983-1990. The property offers approximately 474 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £59,505 , which equates to approximately £126 per square foot. It was last sold on 5 May 2023 for £60,000. Since then, the value has decreased by £495, representing a 0.8% decrease, or approximately 0.3% per year.

The current estimated value of £59,505 is:

  • 68.2% lower than the average property price on Paynes Road
  • 30.4% lower than the average in the SO15 3SH postcode area
  • and 80.7% lower than the average price for Southampton as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 December 2013, the property was recorded as owner-occupied.

View sold house prices in SO15 3SH

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£59,505
Price Per sq ft (estimate)
£126
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 18, Lake House Paynes Road, Freemantle, Southampton, SO15 3SH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Dec 2013.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Sep 2013, and the property received the same rating of C with an unchanged energy efficiency score of 72.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from poor to average.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SO15 3SH

32 nd / 37
Price Rank
30% lower than average
3 rd / 33
Size Rank
12% bigger than average
30 th / 33
Price Per Sq FT Rank
38% lower than average

Compared to other properties in SO15 3SH , this flat's estimated value ranks 32th out of 37. Based on price per square foot, it ranks 30th out of 33 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 33 properties in its postcode area.

Sale History

Today
£59,505
streetscan.co.uk estimate
-1 %
5 May 2023
£60,000
Leasehold
+1.7 %
15 Feb 2019
£59,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £72,500
sale date: 15 Mar 2024
rooms: 2
size: 441 sq ft
sale price: £63,000
sale date: 16 Feb 2024
rooms: 2
size: 431 sq ft
sale price: £82,000
sale date: 25 Sep 2020
rooms: 2
size: 441 sq ft
sale price: £88,000
sale date: 14 Sep 2020
rooms: 2
size: 441 sq ft
sale price: £67,000
sale date: 7 Aug 2020

Data Sources

The property at Flat 18, Lake House Paynes Road, Freemantle, Southampton, SO15 3SH appears two times in the Land Registry records, with the latest transaction recorded on 5 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Dec 2013. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.