296, FOUNDRY LANE, SOUTHAMPTON, SO15 3JQ - £389,950

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.

296 FOUNDRY LANE is a large extended semi-detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £414,948. It was last sold for £389,950 in February 2024, which was around 34% above the average February 2024 semi-detached price in the Southampton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

296 FOUNDRY LANE Sold Prices

Land registry data shows four sales for 296 FOUNDRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Southampton local authority area for the corresponding sale date. Most of the four 296 FOUNDRY 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
2024 20 FEB	£389,950	£292,092	34% above HPI
2014 27 JUN	£236,500	£195,683	21% above HPI
2007 30 MAR	£215,000	£180,228	19% above HPI
1995 30 JUN	£48,000	£53,264	10% below HPI

296 FOUNDRY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Southampton local authority area over time, sourced from the HPI. The four 296 FOUNDRY LANE sales between June 1995 and February 2024 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 June 2014 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 296 FOUNDRY LANE be worth now?

296 FOUNDRY LANE might now be worth an estimated £414,948.

This is based on house price inflation of 6.4%, between February 2024 and February 2025, for semi-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 6.4% inflationary increase is applied to the most recent sale price for 296 FOUNDRY LANE of £389,950 on 20th February 2024. For the value to have increased from £389,950 to £414,948 over the one year to February 2025, the following assumptions must hold true:

• The value of 296 FOUNDRY LANE has moved in line with the HPI for semi-detached houses in the Southampton local authority area.
• The February 2024 sale price of £389,950 represented a fair market value for the property.
• The size, condition, and specification of 296 FOUNDRY LANE has not materially changed since February 2024.

How Large is 296 FOUNDRY LANE?

296 FOUNDRY LANE is 141m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of semi-detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Southampton, and where 296 FOUNDRY LANE lies on this distribution: 80% of semi-detached houses houses are smaller than 296 FOUNDRY LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Southampton.

296 FOUNDRY LANE: Plot and Title Map

296 FOUNDRY LANE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 296 FOUNDRY 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 296 FOUNDRY 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 296 FOUNDRY LANE?

296 FOUNDRY LANE is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 296 on FOUNDRY LANE.