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
22 WOODMILL LANE is a very small extended detached house of 73m², built sometime between 1930 and 1949. It was last sold for £255,000 in November 2016, which was around 24% below the average November 2016 detached price in the Southampton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 22 WOODMILL LANE since 1st 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 22 WOODMILL LANE 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 |
---|---|---|---|
2016 17 NOV | £255,000 | £337,301 | 24% below HPI |
2012 16 APR | £180,000 | £250,585 | 28% below HPI |
2006 20 JAN | £173,000 | £238,451 | 27% below HPI |
2001 14 SEP | £116,000 | £160,321 | 28% below HPI |
2000 25 FEB | £93,500 | £126,825 | 26% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The five 22 WOODMILL LANE sales between February 2000 and November 2016 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
22 WOODMILL LANE is 73m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 22 WOODMILL LANE lies on this distribution: 17% of detached houses are smaller than 22 WOODMILL LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Southampton.
22 WOODMILL LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 22 WOODMILL 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 22 WOODMILL 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.
22 WOODMILL LANE is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 22 on WOODMILL LANE.