RED MILL HOUSE, SOUTHAMPTON ROAD, BARTLEY, SOUTHAMPTON, SO40 2NA - £680,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RED MILL HOUSE is a large detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £645,230. It was last sold for £680,000 in March 2022, which was around 11% above the average March 2022 detached price in the New Forest local authority area. The most recent EPC inspection was November 2021, where the current energy rating was F, and the potential energy rating was C.

RED MILL HOUSE Sold Prices

Land registry data shows two sales for RED MILL HOUSE 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. One of the two RED MILL HOUSE sales was for above the average price, whilst the other was for 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
2022 28 MAR	£680,000	£613,837	11% above HPI
2005 7 OCT	£310,000	£319,813	3% below HPI

RED MILL HOUSE 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 RED MILL HOUSE sales from October 2005 and March 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 October 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might RED MILL HOUSE be worth now?

RED MILL HOUSE might now be worth an estimated £645,230.

This is based on house price deflation of 5.1%, between March 2022 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% deflationary decrease is applied to the most recent sale price for RED MILL HOUSE of £680,000 on 28th March 2022. For the value to have decreased from £680,000 to £645,230 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of RED MILL HOUSE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The March 2022 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of RED MILL HOUSE has not materially changed since March 2022.

How Large is RED MILL HOUSE?

RED MILL HOUSE is 147m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Bartley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bartley, and where RED MILL HOUSE lies on this distribution: 77% of detached houses houses are smaller than RED MILL HOUSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bartley.

RED MILL HOUSE: Plot and Title Map

RED MILL HOUSE sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of RED MILL HOUSE, 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 RED MILL HOUSE). 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 RED MILL HOUSE?

RED MILL HOUSE is located on SOUTHAMPTON ROAD in BARTLEY, in the SO40 postcode district. The below map shows the position of RED MILL HOUSE on SOUTHAMPTON ROAD.