THE ELMS, SWANMORE ROAD, SWANMORE, SOUTHAMPTON, SO32 2QH - £675,000

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

THE ELMS is a large extended detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £797,100. It was last sold for £675,000 in March 2021, which was about the average March 2021 detached price in the Winchester local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

THE ELMS Sold Prices

Land registry data shows four sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. The four THE ELMS sales were a mix of roughly equal to the average price, and 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
2021 3 MAR	£675,000	£676,799	Close to HPI
2018 24 APR	£467,500	£689,355	32% below HPI
2012 21 MAR	£355,000	£487,743	27% below HPI
2000 3 NOV	£159,950	£271,644	41% below HPI

THE ELMS 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 four THE ELMS sales between November 2000 and March 2021 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 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £797,100.

This is based on house price inflation of 18.1%, between March 2021 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 18.1% inflationary increase is applied to the most recent sale price for THE ELMS of £675,000 on 3rd March 2021. For the value to have increased from £675,000 to £797,100 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the Winchester local authority area.
• The March 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since March 2021.

How Large is THE ELMS?

THE ELMS is 170m², which includes one extension, according to the EPC inspection conducted in March 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 THE ELMS lies on this distribution: 77% of detached houses houses are smaller than THE ELMS, and 22% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of THE ELMS, 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 THE ELMS). 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 THE ELMS?

THE ELMS is located on SWANMORE ROAD in SWANMORE, in the SO32 postcode district. The below map shows the position of THE ELMS on SWANMORE ROAD.