2, PROSPECT COTTAGE, SOLOMONS LANE, SHIRRELL HEATH, SOUTHAMPTON, SO32 2HU - £585,000

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 PROSPECT COTTAGE is a very small semi-detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £679,103. It was last sold for £585,000 in May 2021, which was around 39% above the average May 2021 semi-detached price in the Winchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

2 PROSPECT COTTAGE Sold Prices

Land registry data shows two sales for 2 PROSPECT COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Winchester local authority area for the corresponding sale date. One of the two 2 PROSPECT COTTAGE sales was for above the average price, whilst the other 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
2021 28 MAY	£585,000	£420,409	39% above HPI
2019 10 JAN	£295,000	£402,991	27% below HPI

2 PROSPECT COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Winchester local authority area over time, sourced from the HPI. The two 2 PROSPECT COTTAGE sales from January 2019 and May 2021 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 January 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 PROSPECT COTTAGE be worth now?

2 PROSPECT COTTAGE might now be worth an estimated £679,103.

This is based on house price inflation of 16.1%, between May 2021 and February 2025, for semi-detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 2 PROSPECT COTTAGE of £585,000 on 28th May 2021. For the value to have increased from £585,000 to £679,103 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 PROSPECT COTTAGE has moved in line with the HPI for semi-detached houses in the Winchester local authority area.
• The May 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PROSPECT COTTAGE has not materially changed since May 2021.

How Large is 2 PROSPECT COTTAGE?

2 PROSPECT COTTAGE is 97m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of semi-detached houses houses in Shirrell Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shirrell Heath, and where 2 PROSPECT COTTAGE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 PROSPECT COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Shirrell Heath.

2 PROSPECT COTTAGE: Plot and Title Map

2 PROSPECT COTTAGE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 2 PROSPECT COTTAGE, 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 PROSPECT COTTAGE). 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 PROSPECT COTTAGE?

2 PROSPECT COTTAGE is located on SOLOMONS LANE in SHIRRELL HEATH, in the SO32 postcode district. The below map shows the position of 2 PROSPECT COTTAGE on SOLOMONS LANE.