MILKWOOD, DODWELL LANE, BURSLEDON, SOUTHAMPTON, SO31 1AQ - £270,000

MILKWOOD is a very small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £270,000 in April 2014, which was around 22% below the average April 2014 detached price in the Eastleigh local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

MILKWOOD Sold Prices

Land registry data shows three sales for MILKWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three MILKWOOD 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 9 APR	£270,000	£346,039	22% below HPI
2006 11 AUG	£227,000	£296,130	23% below HPI
2005 4 AUG	£182,000	£288,545	37% below HPI

MILKWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three MILKWOOD sales between August 2005 and April 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 August 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is MILKWOOD?

MILKWOOD is 100m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of detached houses in Bursledon, based on EPC data. The below chart shows the distribution of detached houses by size in Bursledon, and where MILKWOOD lies on this distribution: 19% of detached houses are smaller than MILKWOOD, and 81% of houses are larger. Note that EPC data is not available for all properties in Bursledon.

MILKWOOD: Plot and Title Map

MILKWOOD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of MILKWOOD, 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 MILKWOOD). 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 MILKWOOD?

MILKWOOD is located on DODWELL LANE in BURSLEDON, in the SO31 postcode district. The below map shows the position of MILKWOOD on DODWELL LANE.