SILKSTEDE, MILL LANE, DROXFORD, SOUTHAMPTON, SO32 3QS - £865,000

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

SILKSTEDE is a small detached house of 143m², built sometime between 1983 and 1990. It was last sold for £865,000 in August 2022, which was around 11% above the average August 2022 detached price in the Winchester local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

SILKSTEDE Sold Prices

Land registry data shows five sales for SILKSTEDE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Most of the five SILKSTEDE 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
2022 31 AUG	£865,000	£779,177	11% above HPI
2016 22 MAR	£620,000	£634,025	2% below HPI
2012 14 DEC	£495,000	£474,305	4% above HPI
2007 12 JUL	£520,000	£453,143	15% above HPI
1999 14 JUL	£300,000	£204,997	46% above HPI

SILKSTEDE 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 five SILKSTEDE sales between July 1999 and August 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 March 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is SILKSTEDE?

SILKSTEDE is 143m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Droxford, based on EPC data. The below chart shows the distribution of detached houses by size in Droxford, and where SILKSTEDE lies on this distribution: 22% of detached houses are smaller than SILKSTEDE, and 78% of houses are larger. Note that EPC data is not available for all properties in Droxford.

SILKSTEDE: Plot and Title Map

SILKSTEDE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of SILKSTEDE, 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 SILKSTEDE). 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 SILKSTEDE?

SILKSTEDE is located on MILL LANE in DROXFORD, in the SO32 postcode district. The below map shows the position of SILKSTEDE on MILL LANE.