1, HESTIA CLOSE, ROMSEY, SO51 8PA - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 HESTIA CLOSE is a small extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £480,000 in May 2023, which was around 25% below the average May 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

1 HESTIA CLOSE Sold Prices

Land registry data shows two sales for 1 HESTIA CLOSE 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. Both of the two 1 HESTIA CLOSE 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
2023 22 MAY	£480,000	£642,951	25% below HPI
2007 11 JUN	£282,000	£368,059	23% below HPI

1 HESTIA CLOSE 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 HESTIA CLOSE sales from June 2007 and May 2023 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 HESTIA CLOSE?

1 HESTIA CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 1 HESTIA CLOSE lies on this distribution: 33% of detached houses are smaller than 1 HESTIA CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Romsey.

1 HESTIA CLOSE: Plot and Title Map

1 HESTIA CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1 HESTIA CLOSE, 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 HESTIA CLOSE). 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 HESTIA CLOSE?

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