14, PEEL CLOSE, ROMSEY, SO51 7UQ - £445,000

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 PEEL CLOSE is a midsized detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £512,179. It was last sold for £445,000 in August 2021, which was around 18% below the average August 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

14 PEEL CLOSE Sold Prices

Land registry data shows three sales for 14 PEEL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 14 PEEL 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
2021 18 AUG	£445,000	£539,961	18% below HPI
2015 9 NOV	£345,000	£445,067	22% below HPI
2012 8 NOV	£282,500	£364,690	23% below HPI

14 PEEL 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 three 14 PEEL CLOSE sales between November 2012 and August 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 November 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 14 PEEL CLOSE be worth now?

14 PEEL CLOSE might now be worth an estimated £512,179.

This is based on house price inflation of 15.1%, between August 2021 and March 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 14 PEEL CLOSE of £445,000 on 18th August 2021. For the value to have increased from £445,000 to £512,179 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 14 PEEL CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2021 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PEEL CLOSE has not materially changed since August 2021.

How Large is 14 PEEL CLOSE?

14 PEEL CLOSE is 117m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 14 PEEL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 14 PEEL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Romsey.

14 PEEL CLOSE: Plot and Title Map

14 PEEL CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 14 PEEL 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 14 PEEL 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 14 PEEL CLOSE?

14 PEEL CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 14 on PEEL CLOSE.