1, MILL WAY, TOTTON, SOUTHAMPTON, SO40 7JF - £167,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MILL WAY is a very small semi-detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £339,932. It was last sold for £167,500 in December 2003, which was around 8% below the average December 2003 semi-detached price in the New Forest local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

1 MILL WAY Sold Prices

Land registry data shows three sales for 1 MILL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the New Forest local authority area for the corresponding sale date. All of the three 1 MILL WAY 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
2003 17 DEC	£167,500	£182,534	8% below HPI
1998 22 JAN	£74,000	£80,175	8% below HPI
1995 8 DEC	£62,000	£63,999	3% below HPI

1 MILL WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the New Forest local authority area over time, sourced from the HPI. The three 1 MILL WAY sales between December 1995 and December 2003 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 January 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2003 sale, which was also at 8% below the HPI.

What might 1 MILL WAY be worth now?

1 MILL WAY might now be worth an estimated £339,932.

This is based on house price inflation of 102.9%, between December 2003 and February 2025, for semi-detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.9% inflationary increase is applied to the most recent sale price for 1 MILL WAY of £167,500 on 17th December 2003. For the value to have increased from £167,500 to £339,932 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MILL WAY has moved in line with the HPI for semi-detached houses in the New Forest local authority area.
• The December 2003 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL WAY has not materially changed since December 2003.

How Large is 1 MILL WAY?

1 MILL WAY is 66m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of semi-detached houses houses in Totton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Totton, and where 1 MILL WAY lies on this distribution: 8% of semi-detached houses houses are smaller than 1 MILL WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Totton.

1 MILL WAY: Plot and Title Map

1 MILL WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 MILL WAY, 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 1 MILL WAY). 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 1 MILL WAY?

1 MILL WAY is located in TOTTON, in the SO40 postcode district. The below map shows the position of No. 1 on MILL WAY.