10, WADHAM CLOSE, ROMSEY, SO51 0AN - £400,000

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

10 WADHAM CLOSE is a very small detached house of 78m², built sometime from 2012 onwards, which could now be worth an estimated £406,112. It was last sold for £400,000 in January 2024, which was around 33% below the average January 2024 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

10 WADHAM CLOSE Sold Prices

Land registry data shows two sales for 10 WADHAM 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 10 WADHAM 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
2024 3 JAN	£400,000	£601,281	33% below HPI
2019 25 OCT	£345,000	£518,032	33% below HPI

10 WADHAM 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 10 WADHAM CLOSE sales from October 2019 and January 2024 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 October 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2024 sale, which was also at 33% below the HPI.

What might 10 WADHAM CLOSE be worth now?

10 WADHAM CLOSE might now be worth an estimated £406,112.

This is based on house price inflation of 1.5%, between January 2024 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 1.5% inflationary increase is applied to the most recent sale price for 10 WADHAM CLOSE of £400,000 on 3rd January 2024. For the value to have increased from £400,000 to £406,112 over the one month to December 2024, the following assumptions must hold true:

• The value of 10 WADHAM CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The January 2024 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WADHAM CLOSE has not materially changed since January 2024.

How Large is 10 WADHAM CLOSE?

10 WADHAM CLOSE is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 10 WADHAM CLOSE lies on this distribution: 7% of detached houses houses are smaller than 10 WADHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Romsey.

10 WADHAM CLOSE: Plot and Title Map

10 WADHAM CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 10 WADHAM 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 10 WADHAM 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 10 WADHAM CLOSE?

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