10, RICHMOND LANE, ROMSEY, SO51 7LA - £670,000

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

10 RICHMOND LANE is a very large extended detached house of 203m², built sometime between 1967 and 1975. It was last sold for £670,000 in September 2021, which was around 21% above the average September 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

10 RICHMOND LANE Sold Prices

Land registry data shows three sales for 10 RICHMOND LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. One of the three 10 RICHMOND LANE sales was for above the average price, whilst two 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	£670,000	£554,085	21% above HPI
2008 14 AUG	£300,000	£366,194	18% below HPI
2000 24 AUG	£185,000	£218,731	15% below HPI

10 RICHMOND LANE 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 three 10 RICHMOND LANE sales between August 2000 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 August 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 10 RICHMOND LANE?

10 RICHMOND LANE is 203m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 10 RICHMOND LANE lies on this distribution: 91% of detached houses are smaller than 10 RICHMOND LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Romsey.

10 RICHMOND LANE: Plot and Title Map

10 RICHMOND LANE sits on a plot of roughly 0.144 of an acre, or 585m². The below map shows the location of 10 RICHMOND LANE, 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 10 RICHMOND LANE). 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 10 RICHMOND LANE?

10 RICHMOND LANE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 10 on RICHMOND LANE.