MILLSTONE, LOWER CHASE ROAD, SWANMORE, SOUTHAMPTON, SO32 2PB - £635,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MILLSTONE is a large detached house of 160m², built sometime between 1983 and 1990, which could now be worth an estimated £757,954. It was last sold for £635,000 in January 2020, which was around 5% below the average January 2020 detached price in the Winchester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

MILLSTONE Sold Prices

Land registry data shows two sales for MILLSTONE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. One of the two MILLSTONE 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
2020 13 JAN	£635,000	£669,575	5% below HPI
2004 13 SEP	£477,000	£393,771	21% above HPI

MILLSTONE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two MILLSTONE sales from September 2004 and January 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 September 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might MILLSTONE be worth now?

MILLSTONE might now be worth an estimated £757,954.

This is based on house price inflation of 19.4%, between January 2020 and December 2024, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for MILLSTONE of £635,000 on 13th January 2020. For the value to have increased from £635,000 to £757,954 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of MILLSTONE has moved in line with the HPI for detached houses in the Winchester local authority area.
• The January 2020 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of MILLSTONE has not materially changed since January 2020.

How Large is MILLSTONE?

MILLSTONE is 160m² according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanmore, and where MILLSTONE lies on this distribution: 68% of detached houses houses are smaller than MILLSTONE, and 30% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

MILLSTONE: Plot and Title Map

MILLSTONE sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of MILLSTONE, 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 MILLSTONE). 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 MILLSTONE?

MILLSTONE is located on LOWER CHASE ROAD in SWANMORE, in the SO32 postcode district. The below map shows the position of MILLSTONE on LOWER CHASE ROAD.