2, MELBOURNE ROAD, HEDGE END, SOUTHAMPTON, SO30 0JE - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MELBOURNE ROAD is a small semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £322,360. It was last sold for £280,000 in November 2019, which was around 5% below the average November 2019 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was C.

2 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 2 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. One of the two 2 MELBOURNE ROAD sales was for below the average price, whilst the other was for above 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
2019 15 NOV	£280,000	£293,661	5% below HPI
2009 26 NOV	£185,000	£183,346	1% above HPI

2 MELBOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 2 MELBOURNE ROAD sales from November 2009 and November 2019 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 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 MELBOURNE ROAD be worth now?

2 MELBOURNE ROAD might now be worth an estimated £322,360.

This is based on house price inflation of 15.1%, between November 2019 and March 2025, for semi-detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.1% inflationary increase is applied to the most recent sale price for 2 MELBOURNE ROAD of £280,000 on 15th November 2019. For the value to have increased from £280,000 to £322,360 over the six years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 MELBOURNE ROAD has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The November 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELBOURNE ROAD has not materially changed since November 2019.

How Large is 2 MELBOURNE ROAD?

2 MELBOURNE ROAD is 90m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of semi-detached houses houses in Hedge End, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hedge End, and where 2 MELBOURNE ROAD lies on this distribution: 23% of semi-detached houses houses are smaller than 2 MELBOURNE ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Hedge End.

2 MELBOURNE ROAD: Plot and Title Map

2 MELBOURNE ROAD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 2 MELBOURNE 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 2 MELBOURNE 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 2 MELBOURNE ROAD?

2 MELBOURNE ROAD is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 2 on MELBOURNE ROAD.