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

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.

THE PANOM is a very large detached house of 147m², built sometime between 1950 and 1966, which could now be worth an estimated £278,215. It was last sold for £190,000 in August 2014, which was around 32% 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	£279,012	32% below HPI
2009 27 JUL	£157,950	£221,872	29% below HPI
2003 6 JUN	£157,950	£221,494	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE PANOM be worth now?

THE PANOM might now be worth an estimated £278,215.

This is based on house price inflation of 46.4%, between August 2014 and March 2025, for detached 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 46.4% inflationary increase is applied to the most recent sale price for THE PANOM of £190,000 on 29th August 2014. For the value to have increased from £190,000 to £278,215 over the eleven years and five months to March 2025, the following assumptions must hold true:

• The value of THE PANOM has moved in line with the HPI for detached houses in the Southampton local authority area.
• The August 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of THE PANOM has not materially changed since August 2014.

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 houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where THE PANOM lies on this distribution: 82% of detached houses 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.