17, BALMORAL WAY, ROWNHAMS, SOUTHAMPTON, SO16 8LL - £405,000

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

17 BALMORAL WAY is a very small detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £478,474. It was last sold for £405,000 in February 2021, which was around 22% below the average February 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

17 BALMORAL WAY Sold Prices

Land registry data shows two sales for 17 BALMORAL 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 17 BALMORAL 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
2021 5 FEB	£405,000	£516,725	22% below HPI
1998 27 NOV	£120,000	£150,322	20% below HPI

17 BALMORAL 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 17 BALMORAL WAY sales from November 1998 and February 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 November 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 17 BALMORAL WAY be worth now?

17 BALMORAL WAY might now be worth an estimated £478,474.

This is based on house price inflation of 18.1%, between February 2021 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 18.1% inflationary increase is applied to the most recent sale price for 17 BALMORAL WAY of £405,000 on 5th February 2021. For the value to have increased from £405,000 to £478,474 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 17 BALMORAL WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BALMORAL WAY has not materially changed since February 2021.

How Large is 17 BALMORAL WAY?

17 BALMORAL WAY is 95m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of detached houses houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rownhams, and where 17 BALMORAL WAY lies on this distribution: 16% of detached houses houses are smaller than 17 BALMORAL WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

17 BALMORAL WAY: Plot and Title Map

17 BALMORAL WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 17 BALMORAL 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 17 BALMORAL 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 17 BALMORAL WAY?

17 BALMORAL WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 17 on BALMORAL WAY.