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

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 OLD MILL WAY is a large semi-detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £381,967. It was last sold for £375,000 in November 2023, which was around 23% above the average November 2023 semi-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 semi-detached price in the Southampton local authority area for the corresponding sale date. Two of the three 2 OLD MILL WAY sales were for above the average price, whilst one was 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	£305,148	23% above HPI
2015 10 DEC	£250,000	£227,075	10% above HPI
2007 2 FEB	£175,000	£182,416	4% below HPI

2 OLD MILL WAY Price Paid vs. HPI Average

The below graph shows the average semi-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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 OLD MILL WAY be worth now?

2 OLD MILL WAY might now be worth an estimated £381,967.

This is based on house price inflation of 1.9%, between November 2023 and February 2025, for semi-detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% inflationary increase is applied to the most recent sale price for 2 OLD MILL WAY of £375,000 on 6th November 2023. For the value to have increased from £375,000 to £381,967 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 OLD MILL WAY has moved in line with the HPI for semi-detached houses in the Southampton local authority area.
• The November 2023 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD MILL WAY has not materially changed since November 2023.

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 semi-detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southampton, and where 2 OLD MILL WAY lies on this distribution: 64% of semi-detached houses 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.