SHIP COTTAGE, SOUTHAMPTON ROAD, CADNAM, SOUTHAMPTON, SO40 2NH - £335,000

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

SHIP COTTAGE is a very small extended detached house of 92m², built sometime before 1900. It was last sold for £335,000 in June 2012, which was around 1% below the average June 2012 detached price in the New Forest local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

SHIP COTTAGE Sold Prices

Land registry data shows two sales for SHIP COTTAGE 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 SHIP COTTAGE sales were 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
2012 22 JUN	£335,000	£337,505	1% below HPI
2010 21 JAN	£249,000	£329,226	24% below HPI

SHIP COTTAGE 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 SHIP COTTAGE sales from January 2010 and June 2012 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 January 2010 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2012 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is SHIP COTTAGE?

SHIP COTTAGE is 92m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Cadnam, based on EPC data. The below chart shows the distribution of detached houses by size in Cadnam, and where SHIP COTTAGE lies on this distribution: 13% of detached houses are smaller than SHIP COTTAGE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cadnam.

SHIP COTTAGE: Plot and Title Map

SHIP COTTAGE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of SHIP COTTAGE, 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 SHIP COTTAGE). 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 SHIP COTTAGE?

SHIP COTTAGE is located on SOUTHAMPTON ROAD in CADNAM, in the SO40 postcode district. The below map shows the position of SHIP COTTAGE on SOUTHAMPTON ROAD.