19, BALMORAL WAY, ROWNHAMS, SOUTHAMPTON, SO16 8LL - £447,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 BALMORAL WAY is a very small extended detached house of 96m², built sometime between 2003 and 2006. It was last sold for £447,000 in March 2022, which was around 25% below the average March 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

19 BALMORAL WAY Sold Prices

Land registry data shows four sales for 19 BALMORAL WAY 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 19 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
2022 31 MAR	£447,000	£597,873	25% below HPI
2007 16 NOV	£249,000	£386,526	36% below HPI
1999 20 AUG	£131,500	£167,094	21% below HPI
1996 6 SEP	£90,000	£118,140	24% below HPI

19 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 four 19 BALMORAL WAY sales between September 1996 and March 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 November 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 19 BALMORAL WAY?

19 BALMORAL WAY is 96m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 19 BALMORAL WAY lies on this distribution: 18% of detached houses are smaller than 19 BALMORAL WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

19 BALMORAL WAY: Plot and Title Map

19 BALMORAL WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 19 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 19 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 19 BALMORAL WAY?

19 BALMORAL WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 19 on BALMORAL WAY.