2, MERCHANTS WALK, SOUTHAMPTON, SO14 2AS - £310,000

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.

2 MERCHANTS WALK is a midsized terraced house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £452,128. It was last sold for £310,000 in April 2015, which was around 82% above the average April 2015 terraced price in the Southampton local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 MERCHANTS WALK Sold Prices

Land registry data shows two sales for 2 MERCHANTS WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Southampton local authority area for the corresponding sale date. Both of the two 2 MERCHANTS WALK sales were 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
2015 28 APR	£310,000	£170,514	82% above HPI
1999 24 MAY	£129,950	£56,925	128% above HPI

2 MERCHANTS WALK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southampton local authority area over time, sourced from the HPI. The two 2 MERCHANTS WALK sales from May 1999 and April 2015 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 May 1999 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the April 2015 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 2 MERCHANTS WALK be worth now?

2 MERCHANTS WALK might now be worth an estimated £452,128.

This is based on house price inflation of 45.8%, between April 2015 and June 2025, for terraced houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.8% inflationary increase is applied to the most recent sale price for 2 MERCHANTS WALK of £310,000 on 28th April 2015. For the value to have increased from £310,000 to £452,128 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 2 MERCHANTS WALK has moved in line with the HPI for terraced houses in the Southampton local authority area.
• The April 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MERCHANTS WALK has not materially changed since April 2015.

How Large is 2 MERCHANTS WALK?

2 MERCHANTS WALK is 113m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of terraced houses houses in Southampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southampton, and where 2 MERCHANTS WALK lies on this distribution: 60% of terraced houses houses are smaller than 2 MERCHANTS WALK, and 40% of houses are larger. Note that EPC data is not available for all properties in Southampton.

2 MERCHANTS WALK: Plot and Title Map

2 MERCHANTS WALK sits on a plot of roughly 0.760 of an acre, or 3,074m². The below map shows the location of 2 MERCHANTS WALK, 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 2 MERCHANTS WALK). 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 2 MERCHANTS WALK?

2 MERCHANTS WALK is located in SOUTHAMPTON, in the SO14 postcode district. The below map shows the position of No. 2 on MERCHANTS WALK.