12, DROVE ROAD, SOUTHAMPTON, SO19 8GJ - £245,000

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

12 DROVE ROAD is a very small detached house of 74m², built sometime between 1900 and 1929. It was last sold for £245,000 in August 2021, which was around 35% below the average August 2021 detached price in the Southampton local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

12 DROVE ROAD Sold Prices

Land registry data shows three sales for 12 DROVE 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 12 DROVE 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
2021 20 AUG	£245,000	£378,307	35% below HPI
2017 10 MAR	£210,000	£336,239	38% below HPI
2013 7 JUN	£162,000	£253,850	36% below HPI

12 DROVE 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 12 DROVE ROAD sales between June 2013 and August 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 March 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 DROVE ROAD?

12 DROVE ROAD is 74m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 12 DROVE ROAD lies on this distribution: 17% of detached houses are smaller than 12 DROVE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Southampton.

12 DROVE ROAD: Plot and Title Map

12 DROVE ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 12 DROVE 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 12 DROVE 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 12 DROVE ROAD?

12 DROVE ROAD is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 12 on DROVE ROAD.