14, FIVE ELMS DRIVE, ROMSEY, SO51 5RN - £425,000

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.

14 FIVE ELMS DRIVE is a large extended semi-detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £534,487. It was last sold for £425,000 in September 2017, which was around 45% above the average September 2017 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

14 FIVE ELMS DRIVE Sold Prices

Land registry data shows two sales for 14 FIVE ELMS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 14 FIVE ELMS DRIVE sales were for above 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
2017 11 SEP	£425,000	£293,670	45% above HPI
1996 7 NOV	£93,000	£62,445	49% above HPI

14 FIVE ELMS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 14 FIVE ELMS DRIVE sales from November 1996 and September 2017 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 November 1996 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2017 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 14 FIVE ELMS DRIVE be worth now?

14 FIVE ELMS DRIVE might now be worth an estimated £534,487.

This is based on house price inflation of 25.8%, between September 2017 and February 2025, for semi-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 25.8% inflationary increase is applied to the most recent sale price for 14 FIVE ELMS DRIVE of £425,000 on 11th September 2017. For the value to have increased from £425,000 to £534,487 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 FIVE ELMS DRIVE has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The September 2017 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FIVE ELMS DRIVE has not materially changed since September 2017.

How Large is 14 FIVE ELMS DRIVE?

14 FIVE ELMS DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 40% of semi-detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romsey, and where 14 FIVE ELMS DRIVE lies on this distribution: 63% of semi-detached houses houses are smaller than 14 FIVE ELMS DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Romsey.

14 FIVE ELMS DRIVE: Plot and Title Map

14 FIVE ELMS DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 14 FIVE ELMS DRIVE, 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 14 FIVE ELMS DRIVE). 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 14 FIVE ELMS DRIVE?

14 FIVE ELMS DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 14 on FIVE ELMS DRIVE.