2, RIDGEMOUNT LANE, SOUTHAMPTON, SO16 7NU - £500,000

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 RIDGEMOUNT LANE is a very large detached house of 207m², built sometime before 1900. It was last sold for £500,000 in May 2013, which was around 97% above the average May 2013 detached price in the Southampton local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

2 RIDGEMOUNT LANE Sold Prices

Land registry data shows two sales for 2 RIDGEMOUNT LANE 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 RIDGEMOUNT LANE 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
2013 24 MAY	£500,000	£253,959	97% above HPI
2003 17 SEP	£538,000	£227,430	137% above HPI

2 RIDGEMOUNT LANE 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 RIDGEMOUNT LANE sales from September 2003 and May 2013 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 September 2003 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the May 2013 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is 2 RIDGEMOUNT LANE?

2 RIDGEMOUNT LANE is 207m² according to the EPC inspection conducted in May 2012. 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 RIDGEMOUNT LANE lies on this distribution: 95% of detached houses are smaller than 2 RIDGEMOUNT LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 RIDGEMOUNT LANE: Plot and Title Map

2 RIDGEMOUNT LANE sits on a plot of roughly 0.256 of an acre, or 1,037m². The below map shows the location of 2 RIDGEMOUNT LANE, 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 RIDGEMOUNT LANE). 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 RIDGEMOUNT LANE?

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