FLAT 1, THE ATRIUM, 31, WESTWOOD ROAD, SOUTHAMPTON, SO17 1DH - £218,000

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

FLAT 1 THE ATRIUM is a very small flat of 75m², built sometime between 2003 and 2006. It was last sold for £218,000 in February 2022, which was around 46% below the average February 2022 detached price in the Southampton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was B.

FLAT 1 THE ATRIUM Sold Prices

Land registry data shows three sales for FLAT 1 THE ATRIUM 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. One of the three FLAT 1 THE ATRIUM sales was for below the average price, whilst two 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
2022 4 FEB	£218,000	£404,919	46% below HPI
2002 1 NOV	£500,000	£208,122	140% above HPI
1996 22 JUL	£200,000	£81,003	147% above HPI

FLAT 1 THE ATRIUM 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 FLAT 1 THE ATRIUM sales between July 1996 and February 2022 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 November 2002 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the February 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is FLAT 1 THE ATRIUM?

FLAT 1 THE ATRIUM is 75m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 FLAT 1 THE ATRIUM lies on this distribution: 18% of detached houses are smaller than FLAT 1 THE ATRIUM, and 81% of houses are larger. Note that EPC data is not available for all properties in Southampton.

FLAT 1 THE ATRIUM: Plot and Title Map

FLAT 1 THE ATRIUM sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of FLAT 1 THE ATRIUM, 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 FLAT 1 THE ATRIUM). 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 FLAT 1 THE ATRIUM?

FLAT 1, THE ATRIUM is located on WESTWOOD ROAD in SOUTHAMPTON, in the SO17 postcode district. The below map shows the position of FLAT 1, THE ATRIUM on WESTWOOD ROAD.