2, PRINCESS ROAD, ASHURST, SOUTHAMPTON, SO40 7BB - £445,000

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 PRINCESS ROAD is a very small detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £489,517. It was last sold for £445,000 in November 2020, which was around 16% below the average November 2020 detached price in the New Forest local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 PRINCESS ROAD Sold Prices

Land registry data shows two sales for 2 PRINCESS 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 New Forest local authority area for the corresponding sale date. Both of the two 2 PRINCESS ROAD 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
2020 23 NOV	£445,000	£529,482	16% below HPI
2018 6 MAR	£305,000	£507,781	40% below HPI

2 PRINCESS ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 2 PRINCESS ROAD sales from March 2018 and November 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 PRINCESS ROAD be worth now?

2 PRINCESS ROAD might now be worth an estimated £489,517.

This is based on house price inflation of 10%, between November 2020 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 2 PRINCESS ROAD of £445,000 on 23rd November 2020. For the value to have increased from £445,000 to £489,517 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 PRINCESS ROAD has moved in line with the HPI for detached houses in the New Forest local authority area.
• The November 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRINCESS ROAD has not materially changed since November 2020.

How Large is 2 PRINCESS ROAD?

2 PRINCESS ROAD is 70m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses houses in Ashurst, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashurst, and where 2 PRINCESS ROAD lies on this distribution: 10% of detached houses houses are smaller than 2 PRINCESS ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Ashurst.

2 PRINCESS ROAD: Plot and Title Map

2 PRINCESS ROAD sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 2 PRINCESS 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 PRINCESS 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 PRINCESS ROAD?

2 PRINCESS ROAD is located in ASHURST, in the SO40 postcode district. The below map shows the position of No. 2 on PRINCESS ROAD.