2, MELROSE ROAD, SOUTHAMPTON, SO15 7PA - £395,000

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

2 MELROSE ROAD is a large detached house of 117m², built sometime between 1930 and 1949. It was last sold for £395,000 in December 2015, which was around 24% above the average December 2015 detached price in the Southampton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

2 MELROSE ROAD Sold Prices

Land registry data shows two sales for 2 MELROSE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. Both of the two 2 MELROSE ROAD sales were 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
2015 8 DEC	£395,000	£319,466	24% above HPI
2009 27 NOV	£322,950	£244,242	32% above HPI

2 MELROSE 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 two 2 MELROSE ROAD sales from November 2009 and December 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 November 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 MELROSE ROAD?

2 MELROSE ROAD is 117m² according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 2 MELROSE ROAD lies on this distribution: 64% of detached houses are smaller than 2 MELROSE ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 MELROSE ROAD: Plot and Title Map

2 MELROSE ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 2 MELROSE 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 MELROSE 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 MELROSE ROAD?

2 MELROSE ROAD is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 2 on MELROSE ROAD.