16, WELCH WAY, ROWNHAMS, SOUTHAMPTON, SO16 8JF - £325,000

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 WELCH WAY is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £325,000 in August 2018, which was around 36% below the average August 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 WELCH WAY Sold Prices

Land registry data shows two sales for 16 WELCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 16 WELCH WAY 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
2018 10 AUG	£325,000	£507,132	36% below HPI
2014 7 NOV	£220,000	£414,883	47% below HPI

16 WELCH WAY 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 two 16 WELCH WAY sales from November 2014 and August 2018 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 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 WELCH WAY?

16 WELCH WAY is 80m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 16 WELCH WAY lies on this distribution: 4% of detached houses are smaller than 16 WELCH WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

16 WELCH WAY: Plot and Title Map

16 WELCH WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 16 WELCH WAY, 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 WELCH WAY). 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 WELCH WAY?

16 WELCH WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 16 on WELCH WAY.