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
12 OATLANDS is a small extended detached house of 108m², built sometime between 1991 and 1995. It was last sold for £450,000 in September 2021, which was around 19% below the average September 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 12 OATLANDS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four 12 OATLANDS 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 24 SEP | £450,000 | £554,085 | 19% below HPI |
2011 11 AUG | £300,000 | £368,524 | 19% below HPI |
1999 10 SEP | £126,500 | £171,405 | 26% below HPI |
1998 24 AUG | £115,000 | £150,827 | 24% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 12 OATLANDS sales between August 1998 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 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, which was also at 19% below the HPI.
12 OATLANDS is 108m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 12 OATLANDS lies on this distribution: 34% of detached houses are smaller than 12 OATLANDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Romsey.
12 OATLANDS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 12 OATLANDS, 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 12 OATLANDS). 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.
12 OATLANDS is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 12 on OATLANDS.