14, PETTY CLOSE, ROMSEY, SO51 5UY - £318,000

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 PETTY CLOSE is a very small extended semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £390,039. It was last sold for £318,000 in March 2021, which was around 4% above the average March 2021 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

14 PETTY CLOSE Sold Prices

Land registry data shows three sales for 14 PETTY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Two of the three 14 PETTY CLOSE sales were for above the average price, whilst one was 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 17 MAR	£318,000	£305,202	4% above HPI
2007 5 OCT	£217,000	£222,199	2% below HPI
2004 28 JUN	£186,000	£179,281	4% above HPI

14 PETTY CLOSE 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 three 14 PETTY CLOSE sales between June 2004 and March 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 October 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 14 PETTY CLOSE be worth now?

14 PETTY CLOSE might now be worth an estimated £390,039.

This is based on house price inflation of 22.7%, between March 2021 and March 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 22.7% inflationary increase is applied to the most recent sale price for 14 PETTY CLOSE of £318,000 on 17th March 2021. For the value to have increased from £318,000 to £390,039 over the four years to March 2025, the following assumptions must hold true:

• The value of 14 PETTY CLOSE has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The March 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PETTY CLOSE has not materially changed since March 2021.

How Large is 14 PETTY CLOSE?

14 PETTY CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 PETTY CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 14 PETTY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Romsey.

14 PETTY CLOSE: Plot and Title Map

14 PETTY CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 14 PETTY 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 PETTY 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 PETTY CLOSE?

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