2, THE POLYGON, SOUTHAMPTON, SO15 2BN - £500,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE POLYGON is a very large detached house of 304m², built sometime before 1900. It was last sold for £500,000 in February 2018, which was around 42% above the average February 2018 detached price in the Southampton local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

2 THE POLYGON Sold Prices

Land registry data shows four sales for 2 THE POLYGON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the four 2 THE POLYGON 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
2018 13 FEB	£500,000	£352,541	42% above HPI
2007 3 APR	£425,000	£250,343	70% above HPI
1999 1 DEC	£225,000	£122,484	84% above HPI
1996 28 JUN	£90,000	£80,032	12% above HPI

2 THE POLYGON 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 four 2 THE POLYGON sales between June 1996 and February 2018 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 April 2007 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 2 THE POLYGON?

2 THE POLYGON is 304m² according to the EPC inspection conducted in March 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 THE POLYGON lies on this distribution: 99% of detached houses are smaller than 2 THE POLYGON, and 1% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 THE POLYGON: Plot and Title Map

2 THE POLYGON sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 2 THE POLYGON, 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 THE POLYGON). 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 THE POLYGON?

2 THE POLYGON is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 2 on THE POLYGON.