5, MELROSE ROAD, SOUTHAMPTON, SO15 7PB - £620,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 MELROSE ROAD is a large extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £620,000 in March 2023, which was around 44% above the average March 2023 detached price in the Southampton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

5 MELROSE ROAD Sold Prices

Land registry data shows three sales for 5 MELROSE ROAD since 1^st 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 5 MELROSE ROAD 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
2023 24 MAR	£620,000	£430,148	44% above HPI
2019 1 FEB	£365,000	£358,265	2% above HPI
2009 10 JUL	£310,000	£224,688	38% above HPI

5 MELROSE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 5 MELROSE ROAD sales between July 2009 and March 2023 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 February 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2023 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 5 MELROSE ROAD?

5 MELROSE ROAD is 116m², which includes one extension, according to the EPC inspection conducted in November 2022. 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 5 MELROSE ROAD lies on this distribution: 63% of detached houses are smaller than 5 MELROSE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Southampton.

5 MELROSE ROAD: Plot and Title Map

5 MELROSE ROAD sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 5 MELROSE ROAD, 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 5 MELROSE ROAD). 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 5 MELROSE ROAD?

5 MELROSE ROAD is located in SOUTHAMPTON, in the SO15 postcode district. The below map shows the position of No. 5 on MELROSE ROAD.