34, MILL WAY, TOTTON, SOUTHAMPTON, SO40 7JF - £343,000

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.

34 MILL WAY is a large extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £449,123. It was last sold for £343,000 in December 2015, which was around 23% below the average December 2015 detached price in the New Forest local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

34 MILL WAY Sold Prices

Land registry data shows three sales for 34 MILL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 34 MILL WAY 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
2015 4 DEC	£343,000	£444,823	23% below HPI
2011 27 OCT	£245,000	£373,947	34% below HPI
2003 25 JUL	£225,000	£291,082	23% below HPI

34 MILL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 34 MILL WAY sales between July 2003 and December 2015 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 2011 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 34 MILL WAY be worth now?

34 MILL WAY might now be worth an estimated £449,123.

This is based on house price inflation of 30.9%, between December 2015 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for 34 MILL WAY of £343,000 on 4th December 2015. For the value to have increased from £343,000 to £449,123 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 34 MILL WAY has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2015 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MILL WAY has not materially changed since December 2015.

How Large is 34 MILL WAY?

34 MILL WAY is 115m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% of detached houses houses in Totton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totton, and where 34 MILL WAY lies on this distribution: 69% of detached houses houses are smaller than 34 MILL WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Totton.

34 MILL WAY: Plot and Title Map

34 MILL WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 34 MILL WAY, 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 34 MILL WAY). 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 34 MILL WAY?

34 MILL WAY is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 34 on MILL WAY.