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
49 WOODMILL LANE is a very small detached house of 49m², built sometime between 1930 and 1949. It was last sold for £256,000 in June 2018, which was around 28% below the average June 2018 detached price in the Southampton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 49 WOODMILL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 49 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 |
---|---|---|---|
2018 15 JUN | £256,000 | £353,813 | 28% below HPI |
2012 27 JUL | £177,000 | £256,775 | 31% below HPI |
1995 28 NOV | £55,000 | £78,097 | 30% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 49 WOODMILL LANE sales between November 1995 and June 2018 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 July 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
49 WOODMILL LANE is 49m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 49 WOODMILL LANE lies on this distribution: 1% of detached houses are smaller than 49 WOODMILL LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southampton.
49 WOODMILL LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 49 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 49 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.
49 WOODMILL LANE is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 49 on WOODMILL LANE.