1, CHAVY WATER, ROMSEY, SO51 8AJ - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHAVY WATER is a small detached house of 107m², built sometime between 1996 and 2002. It was last sold for £390,000 in March 2005, which was around 27% above the average March 2005 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 CHAVY WATER Sold Prices

Land registry data shows two sales for 1 CHAVY WATER since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. One of the two 1 CHAVY WATER sales was for above the average price, whilst the other was roughly equal to 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
2005 23 MAR	£390,000	£307,929	27% above HPI
2002 12 DEC	£290,000	£290,532	Close to HPI

1 CHAVY WATER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 1 CHAVY WATER sales from December 2002 and March 2005 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 December 2002 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2005 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 CHAVY WATER be worth now?

1 CHAVY WATER might now be worth an estimated £773,173.

This is based on house price inflation of 98.2%, between March 2005 and December 2024, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.2% inflationary increase is applied to the most recent sale price for 1 CHAVY WATER of £390,000 on 23rd March 2005. For the value to have increased from £390,000 to £773,173 over the eighteen years and three months to December 2024, the following assumptions must hold true:

• The value of 1 CHAVY WATER has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2005 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHAVY WATER has not materially changed since March 2005.

How Large is 1 CHAVY WATER?

1 CHAVY WATER is 107m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romsey, and where 1 CHAVY WATER lies on this distribution: 33% of detached houses houses are smaller than 1 CHAVY WATER, and 66% of houses are larger. Note that EPC data is not available for all properties in Romsey.

1 CHAVY WATER: Plot and Title Map

1 CHAVY WATER sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 1 CHAVY WATER, 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 1 CHAVY WATER). 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 1 CHAVY WATER?

1 CHAVY WATER is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 1 on CHAVY WATER.