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
7 MARGAM AVENUE is a small extended detached house of 92m², built sometime between 1930 and 1949. It was last sold for £249,150 in May 2007, which was about the average May 2007 detached price in the Southampton local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 MARGAM AVENUE 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. The three 7 MARGAM AVENUE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
2007 11 MAY | £249,150 | £250,114 | Close to HPI |
2003 12 DEC | £191,000 | £226,913 | 16% below HPI |
1997 3 NOV | £85,500 | £94,286 | 9% 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 7 MARGAM AVENUE sales between November 1997 and May 2007 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 December 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2007 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
7 MARGAM AVENUE is 92m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 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 7 MARGAM AVENUE lies on this distribution: 37% of detached houses are smaller than 7 MARGAM AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Southampton.
7 MARGAM AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 MARGAM AVENUE, 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 7 MARGAM AVENUE). 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.
7 MARGAM AVENUE is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 7 on MARGAM AVENUE.