WOODFIELD, SOLOMONS LANE, SHIRRELL HEATH, SOUTHAMPTON, SO32 2HU - £590,000

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.

WOODFIELD is a small extended detached house of 137m², built sometime between 1991 and 1995, which could now be worth an estimated £623,833. It was last sold for £590,000 in October 2020, which was around 17% below the average October 2020 detached price in the Winchester local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.

WOODFIELD Sold Prices

Land registry data shows three sales for WOODFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. One of the three WOODFIELD sales was for below the average price, whilst two 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
2020 23 OCT	£590,000	£706,808	17% below HPI
2007 2 APR	£470,000	£443,208	6% above HPI
1996 31 JUL	£143,000	£140,215	2% above HPI

WOODFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three WOODFIELD sales between July 1996 and October 2020 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 April 2007 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might WOODFIELD be worth now?

WOODFIELD might now be worth an estimated £623,833.

This is based on house price inflation of 5.7%, between October 2020 and October 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% inflationary increase is applied to the most recent sale price for WOODFIELD of £590,000 on 23rd October 2020. For the value to have increased from £590,000 to £623,833 over the five years to October 2025, the following assumptions must hold true:

• The value of WOODFIELD has moved in line with the HPI for detached houses in the Winchester local authority area.
• The October 2020 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of WOODFIELD has not materially changed since October 2020.

How Large is WOODFIELD?

WOODFIELD is 137m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Shirrell Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shirrell Heath, and where WOODFIELD lies on this distribution: 35% of detached houses houses are smaller than WOODFIELD, and 64% of houses are larger. Note that EPC data is not available for all properties in Shirrell Heath.

WOODFIELD: Plot and Title Map

WOODFIELD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of WOODFIELD, 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 WOODFIELD). 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 WOODFIELD?

WOODFIELD is located on SOLOMONS LANE in SHIRRELL HEATH, in the SO32 postcode district. The below map shows the position of WOODFIELD on SOLOMONS LANE.