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
14 OATLANDS is a very small detached house of 91m², built sometime between 1983 and 1990. It was last sold for £548,000 in May 2023, which was around 15% below the average May 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 14 OATLANDS since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the five 14 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 |
---|---|---|---|
2023 10 MAY | £548,000 | £642,951 | 15% below HPI |
2016 13 MAY | £385,000 | £450,831 | 15% below HPI |
2003 28 NOV | £215,000 | £304,366 | 29% below HPI |
2001 19 JUL | £157,000 | £227,745 | 31% below HPI |
1997 27 JUN | £87,500 | £126,200 | 31% 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 five 14 OATLANDS sales between June 1997 and May 2023 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 May 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2023 sale, which was also at 15% below the HPI.
14 OATLANDS is 91m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 14 OATLANDS lies on this distribution: 18% of detached houses are smaller than 14 OATLANDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Romsey.
14 OATLANDS sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 14 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 14 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.
14 OATLANDS is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 14 on OATLANDS.