15, BRIDGE ROAD, ROMSEY, SO51 8JD - £415,000

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.

15 BRIDGE ROAD is a small extended semi-detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £509,013. It was last sold for £415,000 in March 2021, which was around 36% above the average March 2021 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

15 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 15 BRIDGE ROAD 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. All of the three 15 BRIDGE ROAD 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
2021 19 MAR	£415,000	£305,202	36% above HPI
2009 21 AUG	£278,000	£195,395	42% above HPI
2006 21 APR	£280,000	£193,365	45% above HPI

15 BRIDGE ROAD 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 15 BRIDGE ROAD sales between April 2006 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 August 2009 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 15 BRIDGE ROAD be worth now?

15 BRIDGE ROAD might now be worth an estimated £509,013.

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 15 BRIDGE ROAD of £415,000 on 19th March 2021. For the value to have increased from £415,000 to £509,013 over the four years to March 2025, the following assumptions must hold true:

• The value of 15 BRIDGE ROAD has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The March 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BRIDGE ROAD has not materially changed since March 2021.

How Large is 15 BRIDGE ROAD?

15 BRIDGE ROAD is 104m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 15 BRIDGE ROAD lies on this distribution: 30% of semi-detached houses houses are smaller than 15 BRIDGE ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Romsey.

15 BRIDGE ROAD: Plot and Title Map

15 BRIDGE ROAD sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 15 BRIDGE ROAD, 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 15 BRIDGE ROAD). 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 15 BRIDGE ROAD?

15 BRIDGE ROAD is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 15 on BRIDGE ROAD.