1, PALM ROAD, SOUTHAMPTON, SO16 5EH - £168,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PALM ROAD is a very small extended semi-detached house of 42m², built sometime between 1930 and 1949. It was last sold for £168,000 in February 2015, which was around 42% below the average February 2015 detached price in the Southampton local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

1 PALM ROAD Sold Prices

Land registry data shows three sales for 1 PALM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 1 PALM ROAD 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
2015 27 FEB	£168,000	£292,156	42% below HPI
2006 21 DEC	£138,000	£246,680	44% below HPI
2005 23 MAR	£135,000	£236,678	43% below HPI

1 PALM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 1 PALM ROAD sales between March 2005 and February 2015 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 December 2006 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2015 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 PALM ROAD?

1 PALM ROAD is 42m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 1 PALM ROAD lies on this distribution: Less than 1% of detached houses are smaller than 1 PALM ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southampton.

1 PALM ROAD: Plot and Title Map

1 PALM ROAD sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 PALM ROAD, 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 1 PALM ROAD). 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 1 PALM ROAD?

1 PALM ROAD is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 1 on PALM ROAD.