12, VICTORY WAY, ROWNHAMS, SOUTHAMPTON, SO16 8JZ - £425,000

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

12 VICTORY WAY is a midsized extended detached house of 115m², built sometime between 1991 and 1995. It was last sold for £425,000 in December 2020, which was around 21% below the average December 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

12 VICTORY WAY Sold Prices

Land registry data shows two sales for 12 VICTORY WAY 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 12 VICTORY WAY 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
2020 11 DEC	£425,000	£537,642	21% below HPI
2001 28 SEP	£175,000	£232,078	25% below HPI

12 VICTORY WAY 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 12 VICTORY WAY sales from September 2001 and December 2020 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 September 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 VICTORY WAY?

12 VICTORY WAY is 115m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 12 VICTORY WAY lies on this distribution: 42% of detached houses are smaller than 12 VICTORY WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

12 VICTORY WAY: Plot and Title Map

12 VICTORY WAY sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 12 VICTORY WAY, 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 VICTORY WAY). 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 12 VICTORY WAY?

12 VICTORY WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 12 on VICTORY WAY.