MIDWAY, ROMSEY ROAD, CADNAM, SOUTHAMPTON, SO40 2NN - £560,000

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

MIDWAY is a midsized extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £560,000 in July 2020, which was around 18% above the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

MIDWAY Sold Prices

Land registry data shows two sales for MIDWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two MIDWAY 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
2020 3 JUL	£560,000	£476,136	18% above HPI
2006 21 JUL	£340,000	£313,055	9% above HPI

MIDWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two MIDWAY sales from July 2006 and July 2020 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 July 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MIDWAY?

MIDWAY is 131m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Cadnam, based on EPC data. The below chart shows the distribution of detached houses by size in Cadnam, and where MIDWAY lies on this distribution: 59% of detached houses are smaller than MIDWAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Cadnam.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on ROMSEY ROAD in CADNAM, in the SO40 postcode district. The below map shows the position of MIDWAY on ROMSEY ROAD.