1, JACOBS CLOSE, ROMSEY, SO51 5UZ - £300,000

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 JACOBS CLOSE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £300,000 in March 2012, which was around 14% below the average March 2012 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

1 JACOBS CLOSE Sold Prices

Land registry data shows two sales for 1 JACOBS 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 JACOBS 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
2012 20 MAR	£300,000	£346,861	14% below HPI
2003 30 APR	£215,000	£298,450	28% below HPI

1 JACOBS 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 JACOBS CLOSE sales from April 2003 and March 2012 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 JACOBS CLOSE be worth now?

1 JACOBS CLOSE might now be worth an estimated £527,994.

This is based on house price inflation of 76%, between March 2012 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 76% inflationary increase is applied to the most recent sale price for 1 JACOBS CLOSE of £300,000 on 20th March 2012. For the value to have increased from £300,000 to £527,994 over the eleven years and three months to December 2024, the following assumptions must hold true:

• The value of 1 JACOBS CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2012 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JACOBS CLOSE has not materially changed since March 2012.

How Large is 1 JACOBS CLOSE?

1 JACOBS CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% 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 JACOBS CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 JACOBS CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Romsey.

1 JACOBS CLOSE: Plot and Title Map

1 JACOBS CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 1 JACOBS 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 JACOBS 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 JACOBS CLOSE?

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