2, VINEBANK, SOUTHAMPTON, SO18 5TB - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VINEBANK is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £278,347. It was last sold for £265,000 in May 2022, which was around 35% below the average May 2022 detached price in the Southampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

2 VINEBANK Sold Prices

Land registry data shows five sales for 2 VINEBANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the five 2 VINEBANK 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
2022 27 MAY	£265,000	£406,337	35% below HPI
2006 30 OCT	£174,950	£241,583	28% below HPI
2002 30 SEP	£142,000	£196,775	28% below HPI
2000 26 MAY	£91,000	£129,847	30% below HPI
1996 9 FEB	£58,500	£75,739	23% below HPI

2 VINEBANK 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 five 2 VINEBANK sales between February 1996 and May 2022 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 2 VINEBANK be worth now?

2 VINEBANK might now be worth an estimated £278,347.

This is based on house price inflation of 5%, between May 2022 and December 2024, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 2 VINEBANK of £265,000 on 27th May 2022. For the value to have increased from £265,000 to £278,347 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 2 VINEBANK has moved in line with the HPI for detached houses in the Southampton local authority area.
• The May 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VINEBANK has not materially changed since May 2022.

How Large is 2 VINEBANK?

2 VINEBANK is 73m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 2 VINEBANK lies on this distribution: 16% of detached houses houses are smaller than 2 VINEBANK, and 83% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 VINEBANK: Plot and Title Map

2 VINEBANK sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 VINEBANK, 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 VINEBANK). 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 VINEBANK?

2 VINEBANK is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 2 on VINEBANK.