15, MERRIDALE ROAD, SOUTHAMPTON, SO19 7AB - £285,000

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 MERRIDALE ROAD is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £285,000 in May 2024, which was around 31% below the average May 2024 detached price in the Southampton local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

15 MERRIDALE ROAD Sold Prices

Land registry data shows three sales for 15 MERRIDALE 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 15 MERRIDALE 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
2024 29 MAY	£285,000	£414,827	31% below HPI
2019 21 JUN	£255,000	£348,395	27% below HPI
2014 13 JUN	£175,000	£271,587	36% below HPI

15 MERRIDALE 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 15 MERRIDALE ROAD sales between June 2014 and May 2024 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 June 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 MERRIDALE ROAD?

15 MERRIDALE ROAD is 64m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 15 MERRIDALE ROAD lies on this distribution: 9% of detached houses are smaller than 15 MERRIDALE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Southampton.

15 MERRIDALE ROAD: Plot and Title Map

15 MERRIDALE ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 15 MERRIDALE 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 MERRIDALE 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 MERRIDALE ROAD?

15 MERRIDALE ROAD is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 15 on MERRIDALE ROAD.