1, SILVERWOOD RISE, ROMSEY, SO51 7AD - £407,000

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.

1 SILVERWOOD RISE is a small detached house of 99m², which could now be worth an estimated £459,511. It was last sold for £407,000 in September 2021, which was around 26% below the average September 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

1 SILVERWOOD RISE Sold Prices

Land registry data shows two sales for 1 SILVERWOOD RISE 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 SILVERWOOD RISE 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
2021 30 SEP	£407,000	£550,456	26% below HPI
2018 16 FEB	£367,500	£503,157	27% below HPI

1 SILVERWOOD RISE 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 SILVERWOOD RISE sales from February 2018 and September 2021 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 February 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 SILVERWOOD RISE be worth now?

1 SILVERWOOD RISE might now be worth an estimated £459,511.

This is based on house price inflation of 12.9%, between September 2021 and March 2025, 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 12.9% inflationary increase is applied to the most recent sale price for 1 SILVERWOOD RISE of £407,000 on 30th September 2021. For the value to have increased from £407,000 to £459,511 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 1 SILVERWOOD RISE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2021 sale price of £407,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SILVERWOOD RISE has not materially changed since September 2021.

How Large is 1 SILVERWOOD RISE?

1 SILVERWOOD RISE is 99m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% 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 SILVERWOOD RISE lies on this distribution: 26% of detached houses houses are smaller than 1 SILVERWOOD RISE, and 74% of houses are larger. Note that EPC data is not available for all properties in Romsey.

1 SILVERWOOD RISE: Plot and Title Map

1 SILVERWOOD RISE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 SILVERWOOD RISE, 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 SILVERWOOD RISE). 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 SILVERWOOD RISE?

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