16, MAGNOLIA WALK, ROMSEY, SO51 0PY - £680,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 MAGNOLIA WALK is a large detached house of 134m². It was last sold for £680,000 in July 2023, which was around 10% above the average July 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was A.

16 MAGNOLIA WALK Sold Prices

Land registry data shows three sales for 16 MAGNOLIA WALK 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 16 MAGNOLIA WALK 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
2023 24 JUL	£680,000	£616,885	10% above HPI
2019 13 SEP	£525,000	£507,613	3% above HPI
2014 11 DEC	£465,000	£411,554	13% above HPI

16 MAGNOLIA WALK 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 16 MAGNOLIA WALK sales between December 2014 and July 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 September 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 16 MAGNOLIA WALK be worth now?

16 MAGNOLIA WALK might now be worth an estimated £672,926.

This is based on house price deflation of 1%, between July 2023 and December 2024, 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 1% deflationary decrease is applied to the most recent sale price for 16 MAGNOLIA WALK of £680,000 on 24th July 2023. For the value to have decreased from £680,000 to £672,926 over the seven months to December 2024, the following assumptions must hold true:

• The value of 16 MAGNOLIA WALK has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The July 2023 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MAGNOLIA WALK has not materially changed since July 2023.

How Large is 16 MAGNOLIA WALK?

16 MAGNOLIA WALK is 134m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% 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 16 MAGNOLIA WALK lies on this distribution: 61% of detached houses houses are smaller than 16 MAGNOLIA WALK, and 37% of houses are larger. Note that EPC data is not available for all properties in Romsey.

16 MAGNOLIA WALK: Plot and Title Map

16 MAGNOLIA WALK sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 16 MAGNOLIA WALK, 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 16 MAGNOLIA WALK). 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 16 MAGNOLIA WALK?

16 MAGNOLIA WALK is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 16 on MAGNOLIA WALK.