17, WELCH WAY, ROWNHAMS, SOUTHAMPTON, SO16 8JF - £425,000

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

17 WELCH WAY is a very small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £425,000 in January 2022, which was around 28% below the average January 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

17 WELCH WAY Sold Prices

Land registry data shows two sales for 17 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 17 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
2022 6 JAN	£425,000	£587,441	28% below HPI
2015 20 FEB	£265,500	£424,090	37% below HPI

17 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 17 WELCH WAY sales from February 2015 and January 2022 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 February 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 17 WELCH WAY?

17 WELCH WAY is 92m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 17 WELCH WAY lies on this distribution: 15% of detached houses are smaller than 17 WELCH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

17 WELCH WAY: Plot and Title Map

17 WELCH WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 17 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 17 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 17 WELCH WAY?

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