16, OXLEASE CLOSE, ROMSEY, SO51 7HA - £850,000

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

16 OXLEASE CLOSE is a large detached house of 147m², built sometime between 1996 and 2002. It was last sold for £850,000 in November 2023, which was around 34% above the average November 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

16 OXLEASE CLOSE Sold Prices

Land registry data shows four sales for 16 OXLEASE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the four 16 OXLEASE CLOSE 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 30 NOV	£850,000	£635,029	34% above HPI
2017 20 APR	£609,000	£488,430	25% above HPI
2005 6 JUL	£382,500	£324,705	18% above HPI
1997 24 OCT	£169,950	£141,463	20% above HPI

16 OXLEASE 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 four 16 OXLEASE CLOSE sales between October 1997 and November 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 April 2017 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 16 OXLEASE CLOSE?

16 OXLEASE CLOSE is 147m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 16 OXLEASE CLOSE lies on this distribution: 72% of detached houses are smaller than 16 OXLEASE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Romsey.

16 OXLEASE CLOSE: Plot and Title Map

16 OXLEASE CLOSE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 16 OXLEASE 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 16 OXLEASE 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 16 OXLEASE CLOSE?

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