6, OLD MILL WAY, SOUTHAMPTON, SO16 6BE - £345,000

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

6 OLD MILL WAY is a large extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £345,000 in September 2023, which was around 18% below the average September 2023 detached price in the Southampton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

6 OLD MILL WAY Sold Prices

Land registry data shows two sales for 6 OLD MILL WAY since 1^st 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 6 OLD MILL WAY 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
2023 29 SEP	£345,000	£422,762	18% below HPI
2005 23 SEP	£244,000	£241,662	1% above HPI

6 OLD MILL WAY 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 two 6 OLD MILL WAY sales from September 2005 and September 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 September 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 6 OLD MILL WAY?

6 OLD MILL WAY is 123m², which includes one extension, according to the EPC inspection conducted in May 2023. 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 6 OLD MILL WAY lies on this distribution: 68% of detached houses are smaller than 6 OLD MILL WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Southampton.

6 OLD MILL WAY: Plot and Title Map

6 OLD MILL WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 6 OLD 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 6 OLD 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 6 OLD MILL WAY?

6 OLD MILL WAY is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 6 on OLD MILL WAY.