THE LODGE, OAKMOUNT AVENUE, SOUTHAMPTON, SO17 1ED - £313,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE LODGE is a small extended detached house of 82m², built sometime before 1900. It was last sold for £313,000 in February 2020, which was around 12% below the average February 2020 detached price in the Southampton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. One of the two THE LODGE sales was for below the average price, whilst the other was 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
2020 28 FEB	£313,000	£355,414	12% below HPI
1997 10 MAR	£110,000	£85,307	29% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The two THE LODGE sales from March 1997 and February 2020 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 1997 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is THE LODGE?

THE LODGE is 82m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where THE LODGE lies on this distribution: 25% of detached houses are smaller than THE LODGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Southampton.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of THE LODGE, 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 LODGE). 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 LODGE?

THE LODGE is located on OAKMOUNT AVENUE in SOUTHAMPTON, in the SO17 postcode district. The below map shows the position of THE LODGE on OAKMOUNT AVENUE.