SO40 house prices are built from 24,079 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 26 Jun 2026. The median price paid across the whole record is £175,000. Across the 10 years from 2016 to 2026 the median moved +33.3% in cash — but once inflation is taken out, the change in 2026 money is -4.5%.
Median price paid
£175,000
Change in cash, 2016–2026
+33.3%
Change in real terms
-4.5%
Median per m²
£2,756
HM Land Registry24,079 sales255 with floor areaLatest sale 26 Jun 2026
Section 01
How SO40 prices moved
The chart tracks the median SO40 house price for every year with a recorded sale, from 1995 to 2026. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £64,950 | £144,220 |
| 2000s | 10 | £172,000 | £313,333 |
| 2010s | 10 | £215,000 | £303,150 |
| 2020s | 7 | £327,500 | £334,620 |
The highest yearly median on record for SO40 is £339,975 in 2026; the lowest is £56,375 in 1995. Across the full 32-year record the cash median has moved from £56,375 to £339,975.
In 2026 money that first median is worth £125,179, so the real change over the whole record is +171.6% — about +3.28% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +33.3% in cash against -4.5% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 78 Brokenford Lane | 26 Jun 2026 | Flat or maisonette | £232,500 | £232,500 |
| FLAT 23 POPES COURT Popes Lane | 19 Jun 2026 | Flat or maisonette | £135,000 | £135,000 |
| 64 Kinross Road | 12 Jun 2026 | Semi-detached | £420,000 | £420,000 |
| 11 Bramtoco Way | 12 Jun 2026 | Terraced | £360,000 | £360,000 |
| 5 Baytree Gardens | 11 Jun 2026 | Detached | £540,000 | £540,000 |
| 15 Alder Close | 11 Jun 2026 | Semi-detached | £400,000 | £400,000 |
| 19 Brokenford Avenue | 11 Jun 2026 | Semi-detached | £365,000 | £365,000 |
| 4 Wood Lodge | 11 Jun 2026 | Terraced | £326,500 | £326,500 |
| 5 Melrose Court | 1 Jun 2026 | Terraced | £339,950 | £339,950 |
| 14 Beaumont Road | 1 Jun 2026 | Semi-detached | £325,000 | £325,000 |
| 21 Milverton Road | 29 May 2026 | Detached | £477,500 | £477,500 |
| 8 Plantation Drive | 29 May 2026 | Semi-detached | £260,000 | £260,000 |
| 6 Meredith Gardens | 27 May 2026 | Semi-detached | £340,000 | £340,000 |
| 6 Dales Way | 27 May 2026 | Terraced | £292,500 | £292,500 |
| 1 Springfield Drive | 27 May 2026 | Terraced | £213,000 | £213,000 |
| 4 Kirk Gardens | 22 May 2026 | Detached | £662,500 | £662,500 |
| 20 Bilberry Drive | 22 May 2026 | Detached | £465,000 | £465,000 |
| CASSIOBURY Pauletts Lane | 22 May 2026 | Detached | £415,000 | £415,000 |
| 3 Quayside Walk | 22 May 2026 | Terraced | £376,000 | £376,000 |
| 17 Testbourne Avenue | 22 May 2026 | Semi-detached | £340,000 | £340,000 |
| 4 Drayton Place | 22 May 2026 | Semi-detached | £290,000 | £290,000 |
| 17 Brunswick Place | 22 May 2026 | Flat or maisonette | £224,000 | £224,000 |
| 24 Pentridge Way | 15 May 2026 | Terraced | £325,000 | £325,000 |
| 16 Snellgrove Close | 15 May 2026 | Semi-detached | £260,000 | £260,000 |
| 180 Woodlands Road | 14 May 2026 | Detached | £870,000 | £870,000 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to SO40 values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 78 Brokenford Lane | £220,000 (2021) | £232,500 (2026) | +1.1% | -3.5% |
| FLAT 23 POPES COURT Popes Lane | £188,406 (2007) | £135,000 (2026) | -1.7% | -4.6% |
| 64 Kinross Road | £73,000 (1996) | £420,000 (2026) | +6.0% | +3.3% |
| 11 Bramtoco Way | £240,000 (2011) | £360,000 (2026) | +2.7% | -0.1% |
| 4 Wood Lodge | £225,000 (2016) | £326,500 (2026) | +3.8% | +0.4% |
| 15 Alder Close | £292,000 (2017) | £400,000 (2026) | +3.6% | +0.1% |
| 5 Melrose Court | £95,000 (1999) | £339,950 (2026) | +4.8% | +2.1% |
| 14 Beaumont Road | £134,000 (2005) | £325,000 (2026) | +4.3% | +1.4% |
| 8 Plantation Drive | £89,000 (2001) | £260,000 (2026) | +4.4% | +1.6% |
| 21 Milverton Road | £110,000 (1998) | £477,500 (2026) | +5.4% | +2.7% |
| 6 Dales Way | £162,000 (2007) | £292,500 (2026) | +3.2% | +0.2% |
| 6 Meredith Gardens | £68,500 (1997) | £340,000 (2026) | +5.7% | +3.0% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. SO40 is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Detached | 8,201 | 34.1% | £256,000 | £10,000 – £2,950,000 |
| Terraced | 6,819 | 28.3% | £153,000 | £3,000 – £1,130,000 |
| Semi-detached | 6,413 | 26.6% | £172,700 | £4,000 – £1,235,000 |
| Flat or maisonette | 2,646 | 11.0% | £125,000 | £10,200 – £426,750 |
Section 05
How big homes are in SO40
Energy Performance Certificates record a floor area for every home that has been surveyed, sold or let — far more homes than have changed hands. 4,797 certificates cover SO40, and their median floor area is 77 m².
The median across the whole register is 76 m², so homes here are about the same size than average — +1.3%. Size explains a large part of why one area's median price sits above another's, which is why the price per square metre further up this page is the fairer comparison.
| Measure | Floor area | Sample |
|---|---|---|
| Median floor area | 77 m² | about 829 sq ft |
| Smaller quarter, up to | 59 m² | about 635 sq ft |
| Larger quarter, from | 96 m² | about 1,033 sq ft |
| Under 60 m² | 26.4% | 1,266 homes |
| 150 m² and over | 4.9% | 234 homes |
Section 06
Ownership and new build in SO40
2,732 of the sales on record are leasehold and 21,347 freehold — 11.3% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £124,000 and the median freehold sale £187,500 — a gap of +51.2%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 2,732 | 11.3% | £124,000 |
| Freehold | 21,347 | 88.7% | £187,500 |
| New build | 1,030 | 4.3% | £160,500 |
| Existing home | 23,049 | 95.7% | £176,000 |
New builds sold for less than the median existing home — -8.8%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 711 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in SO40
Every certificate carries an energy efficiency band as well as a floor area. Across New Forest, 41.4% of 81,792 certificates sit in bands A to C, and 4.9% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 319 | 0.4% |
| B | 5,972 | 7.3% |
| C | 27,549 | 33.7% |
| D | 32,422 | 39.6% |
| E | 11,558 | 14.1% |
| F | 3,080 | 3.8% |
| G | 892 | 1.1% |
The Office for National Statistics puts the mean private rent in New Forest at £1,238 a month as of Jun 2026 — £860 for a one-bedroom home and £1,384 for three bedrooms.
Against the median sale of £175,000 here, that rent is a gross yield of 8.49% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of SO40, 126 crimes were recorded in Jun 2026: 52 violent, 5 burglary, 6 vehicle-related and 12 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 1.3 times quieter.
Against the 175,785 residents the 2021 census counted in New Forest, that is 0.72 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around SO40
The 2021 census counted 175,785 residents in New Forest across 77,567 households. 74.8% of those households own their home and 25.1% rent — a split the sold record cannot show, because only owners appear in it.
16 state and independent schools have a SO40 postcode: 14 primary, 2 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Hounsdown School | Secondary | Academy converter | 1,283 |
| Testwood School | Secondary | Academy converter | 820 |
| Abbotswood Junior School | Primary | Foundation school | 629 |
| Foxhills Junior School | Primary | Community school | 281 |
| Bartley Church of England Junior School | Primary | Voluntary controlled school | 279 |
| Marchwood Junior School | Primary | Community school | 258 |
| Hazel Wood Infant School | Primary | Community school | 202 |
| Calmore Junior School | Primary | Foundation school | 195 |
| Foxhills Infant School | Primary | Community school | 178 |
| Calmore Infant School | Primary | Community school | 174 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Totton Rail Station | Rail | 1.6 km |
| Redbridge (Hants) Rail Station | Rail | 2.5 km |
| Ashurst New Forest Rail Station | Rail | 3.0 km |
| Millbrook (Hants) Rail Station | Rail | 4.9 km |
Section 09
How SO40 compares
The median across the whole archive is £157,500. SO40 sits above that national figure — +11.1%.
Where an EPC floor area could be matched to the sale, the median works out at £2,756 per square metre, across 255 of the 24,079 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £3,000 to £2,950,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
SO40 sits in New Forest, in the South East.
The Office for National Statistics puts the median home in New Forest at 10.3 times median local earnings of £36,792 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Sectors inside SO40
- SO40 2£189,000 median
- SO40 3£180,000 median
- SO40 4£165,000 median
- SO40 7£232,500 median
- SO40 8£154,950 median
- SO40 9£180,000 median
The closest districts
- SO155.6 km · £145,000
- SO165.6 km · £149,000
- SO519.2 km · £250,000
- SO1810.0 km · £145,000
- SO1910.5 km · £139,995
- SO4510.6 km · £187,000
- SO5311.7 km · £214,000
- SO5013.0 km · £183,000
This district mostly covers Southampton.
Quick answers
Common questions about this data
What is the average house price in SO40?
The median price paid in SO40 across every sale on the register is £175,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in SO40?
24,079 sales are on record for SO40, the most recent completing on 26 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have SO40 house prices actually risen?
In cash, the median rose +33.3% between 2016 and 2026. In 2026 money — that is, after inflation — the change is -4.5%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were SO40 house prices at their highest?
The highest yearly median on record is £339,975, set in 2026. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in SO40?
£2,756 per square metre, from the 255 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 26 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “SO40 house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.