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
3 CHESTNUT MEWS is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £330,000 in May 2020, which was around 9% below the average May 2020 detached price in the Southampton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 3 CHESTNUT MEWS since 1st 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. One of the two 3 CHESTNUT MEWS sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2020 1 MAY | £330,000 | £363,617 | 9% below HPI |
2004 25 MAY | £242,500 | £233,105 | 4% above HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two 3 CHESTNUT MEWS sales from May 2004 and May 2020 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 May 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
3 CHESTNUT MEWS is 118m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 3 CHESTNUT MEWS lies on this distribution: 65% of detached houses are smaller than 3 CHESTNUT MEWS, and 35% of houses are larger. Note that EPC data is not available for all properties in Southampton.
3 CHESTNUT MEWS sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 CHESTNUT MEWS, 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 3 CHESTNUT MEWS). 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.
3 CHESTNUT MEWS is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 3 on CHESTNUT MEWS.