VERDI, WEST COMMON, BLACKFIELD, SOUTHAMPTON, SO45 1XP - £345,000

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

VERDI is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £345,000 in August 2018, which was around 28% below the average August 2018 detached price in the New Forest local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

VERDI Sold Prices

Land registry data shows two sales for VERDI since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two VERDI 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
2018 6 AUG	£345,000	£482,100	28% below HPI
2012 14 DEC	£230,000	£346,319	34% below HPI

VERDI 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 two VERDI sales from December 2012 and August 2018 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 December 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is VERDI?

VERDI is 114m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses in Langley, based on EPC data. The below chart shows the distribution of detached houses by size in Langley, and where VERDI lies on this distribution: 58% of detached houses are smaller than VERDI, and 42% of houses are larger. Note that EPC data is not available for all properties in Langley.

VERDI: Plot and Title Map

VERDI sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of VERDI, 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 VERDI). 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 VERDI?

VERDI is located on WEST COMMON in BLACKFIELD, in the SO45 postcode district. The below map shows the position of VERDI on WEST COMMON.