THE PANOM, 16A, SIMON WAY, SOUTHAMPTON, SO18 5TJ - £190,000

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 PANOM is a very large detached house of 147m², built sometime between 1950 and 1966. It was last sold for £190,000 in August 2014, which was around 33% below the average August 2014 detached price in the Southampton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was F, and the potential energy rating was C.

THE PANOM Sold Prices

Land registry data shows three sales for THE PANOM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three THE PANOM 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
2014 29 AUG	£190,000	£282,553	33% below HPI
2009 27 JUL	£157,950	£224,688	30% below HPI
2003 6 JUN	£157,950	£224,306	30% below HPI

THE PANOM 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 three THE PANOM sales between June 2003 and August 2014 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 July 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is THE PANOM?

THE PANOM is 147m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 PANOM lies on this distribution: 82% of detached houses are smaller than THE PANOM, and 18% of houses are larger. Note that EPC data is not available for all properties in Southampton.

THE PANOM: Plot and Title Map

THE PANOM sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of THE PANOM, 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 PANOM). 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 PANOM?

THE PANOM is located on SIMON WAY in SOUTHAMPTON, in the SO18 postcode district. The below map shows the position of THE PANOM on SIMON WAY.