15, BROADMEAD ROAD, NURSLING, SOUTHAMPTON, SO16 0XD - £420,000

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

15 BROADMEAD ROAD is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £420,000 in November 2023, which was around 34% below the average November 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

15 BROADMEAD ROAD Sold Prices

Land registry data shows three sales for 15 BROADMEAD 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 Test Valley local authority area for the corresponding sale date. All of the three 15 BROADMEAD 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
2023 21 NOV	£420,000	£636,248	34% below HPI
2003 19 NOV	£250,000	£304,366	18% below HPI
1999 8 NOV	£76,000	£181,099	58% below HPI

15 BROADMEAD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 15 BROADMEAD ROAD sales between November 1999 and November 2023 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 November 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 BROADMEAD ROAD?

15 BROADMEAD ROAD is 89m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of detached houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where 15 BROADMEAD ROAD lies on this distribution: 26% of detached houses are smaller than 15 BROADMEAD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Nursling.

15 BROADMEAD ROAD: Plot and Title Map

15 BROADMEAD ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 15 BROADMEAD 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 15 BROADMEAD 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 15 BROADMEAD ROAD?

15 BROADMEAD ROAD is located in NURSLING, in the SO16 postcode district. The below map shows the position of No. 15 on BROADMEAD ROAD.