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
7 OLD FARM DRIVE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £357,500 in April 2015, which was around 22% above the average April 2015 detached price in the Southampton local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 7 OLD FARM DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. Most of the four 7 OLD FARM DRIVE 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 |
---|---|---|---|
2015 10 APR | £357,500 | £292,783 | 22% above HPI |
2006 23 JUN | £295,000 | £239,934 | 23% above HPI |
1998 7 AUG | £136,000 | £102,088 | 33% above HPI |
1995 28 APR | £26,000 | £77,333 | 66% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The four 7 OLD FARM DRIVE sales between April 1995 and April 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 June 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2015 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.
7 OLD FARM DRIVE is 172m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% 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 OLD FARM DRIVE lies on this distribution: 90% of detached houses are smaller than 7 OLD FARM DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Southampton.
7 OLD FARM DRIVE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 7 OLD FARM DRIVE, 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 OLD FARM DRIVE). 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 OLD FARM DRIVE is located in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of No. 7 on OLD FARM DRIVE.