SOLWAY, NORTHAMPTON LANE, BLACKFIELD, SOUTHAMPTON, SO45 1WR - £188,000

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

SOLWAY is a very small detached house of 58m², built sometime between 1950 and 1966. It was last sold for £188,000 in May 2012, which was around 45% below the average May 2012 detached price in the New Forest local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

SOLWAY Sold Prices

Land registry data shows three sales for SOLWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three SOLWAY 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 28 MAY	£188,000	£340,808	45% below HPI
2006 19 APR	£198,000	£302,489	35% below HPI
2000 20 OCT	£119,000	£188,071	37% below HPI

SOLWAY 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 three SOLWAY sales between October 2000 and May 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 April 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is SOLWAY?

SOLWAY is 58m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Blackfield, based on EPC data. The below chart shows the distribution of detached houses by size in Blackfield, and where SOLWAY lies on this distribution: 3% of detached houses are smaller than SOLWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Blackfield.

SOLWAY: Plot and Title Map

SOLWAY sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of SOLWAY, 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 SOLWAY). 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 SOLWAY?

SOLWAY is located on NORTHAMPTON LANE in BLACKFIELD, in the SO45 postcode district. The below map shows the position of SOLWAY on NORTHAMPTON LANE.