2, OVERCLIFF RISE, SOUTHAMPTON, SO16 7BY - £725,000

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 OVERCLIFF RISE is a very large extended detached house of 274m², built sometime between 1976 and 1982. It was last sold for £725,000 in December 2020, which was around 97% above the average December 2020 detached price in the Southampton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 OVERCLIFF RISE Sold Prices

Land registry data shows two sales for 2 OVERCLIFF RISE 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 OVERCLIFF RISE 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
2020 14 DEC	£725,000	£367,514	97% above HPI
2012 30 MAR	£330,000	£248,401	33% above HPI

2 OVERCLIFF RISE 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 OVERCLIFF RISE sales from March 2012 and December 2020 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 March 2012 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2020 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 2 OVERCLIFF RISE?

2 OVERCLIFF RISE is 274m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 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 2 OVERCLIFF RISE lies on this distribution: 99% of detached houses are smaller than 2 OVERCLIFF RISE, and 1% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 OVERCLIFF RISE: Plot and Title Map

2 OVERCLIFF RISE sits on a plot of roughly 0.232 of an acre, or 938m². The below map shows the location of 2 OVERCLIFF RISE, 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 OVERCLIFF RISE). 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 OVERCLIFF RISE?

2 OVERCLIFF RISE is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 2 on OVERCLIFF RISE.