2, OLD MILL WAY, SOUTHAMPTON, SO16 6BE - £375,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 OLD MILL WAY is a large semi-detached house of 117m², built sometime between 1930 and 1949. It was last sold for £375,000 in November 2023, which was around 11% below the average November 2023 detached price in the Southampton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 OLD MILL WAY Sold Prices

Land registry data shows three sales for 2 OLD MILL WAY 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 2 OLD MILL WAY 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 6 NOV	£375,000	£419,721	11% below HPI
2015 10 DEC	£250,000	£319,466	22% below HPI
2007 2 FEB	£175,000	£251,222	30% below HPI

2 OLD MILL WAY 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 2 OLD MILL WAY sales between February 2007 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 December 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 OLD MILL WAY?

2 OLD MILL WAY is 117m² according to the EPC inspection conducted in August 2013. 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 OLD MILL WAY lies on this distribution: 64% of detached houses are smaller than 2 OLD MILL WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 OLD MILL WAY: Plot and Title Map

2 OLD MILL WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 OLD MILL WAY, 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 OLD MILL WAY). 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 OLD MILL WAY?

2 OLD MILL WAY is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 2 on OLD MILL WAY.