Flat 23, Lake House Paynes Road, Southampton, SO15 3SH is a leasehold flat built between 1991-1995. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £120,125 , which equates to approximately £302 per square foot. It was last sold on 28 Mar 2003 for £72,000. Since then, the value has increased by £48,125, representing a 66.8% increase, or approximately 2.9% per year.

The current estimated value of £120,125 is:

  • 35.8% lower than the average property price on Paynes Road
  • 40.5% higher than the average in the SO15 3SH postcode area
  • and 61.1% 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 6 April 2021, the property was recorded as owner-occupied.

View sold house prices in SO15 3SH

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£120,125
Price Per sq ft (estimate)
£302
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, Lake House Paynes Road, Southampton, SO15 3SH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Apr 2021.

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 1 Mar 2011. The rating of C is unchanged, though the energy efficiency score decreased by 6.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from (another dwelling above) to pitched, insulated (assumed), improving energy efficiency from n/a to good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SO15 3SH

5 th / 37
Price Rank
41% higher than average
24 th / 33
Size Rank
6% smaller than average
5 th / 33
Price Per Sq FT Rank
49% higher than average

Compared to other properties in SO15 3SH , this flat's estimated value ranks 5th out of 37. Based on price per square foot, it ranks 5th out of 33 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 33 properties in its postcode area.

Sale History

Today
£120,125
streetscan.co.uk estimate
+67 %
28 Mar 2003
£72,000
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: 377 sq ft
sale price: £58,000
sale date: 31 Aug 2023
rooms: 2
size: 388 sq ft
sale price: £86,000
sale date: 22 Feb 2021
rooms: 2
size: 431 sq ft
sale price: £82,000
sale date: 25 Sep 2020

Data Sources

The property at Flat 23, Lake House Paynes Road, Southampton, SO15 3SH appears once in the Land Registry records, with the transaction recorded on 28 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Apr 2021. 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.