2, NEVILLE DRIVE, ROMSEY, SO51 7RP - £408,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NEVILLE DRIVE is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £473,858. It was last sold for £408,000 in September 2020, which was around 23% below the average September 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 NEVILLE DRIVE Sold Prices

Land registry data shows two sales for 2 NEVILLE DRIVE 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 2 NEVILLE DRIVE 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
2020 4 SEP	£408,000	£531,016	23% below HPI
2004 5 JAN	£242,000	£304,294	20% below HPI

2 NEVILLE DRIVE 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 2 NEVILLE DRIVE sales from January 2004 and September 2020 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 January 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 NEVILLE DRIVE be worth now?

2 NEVILLE DRIVE might now be worth an estimated £473,858.

This is based on house price inflation of 16.1%, between September 2020 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 2 NEVILLE DRIVE of £408,000 on 4th September 2020. For the value to have increased from £408,000 to £473,858 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 NEVILLE DRIVE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2020 sale price of £408,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEVILLE DRIVE has not materially changed since September 2020.

How Large is 2 NEVILLE DRIVE?

2 NEVILLE DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romsey, and where 2 NEVILLE DRIVE lies on this distribution: 12% of detached houses houses are smaller than 2 NEVILLE DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Romsey.

2 NEVILLE DRIVE: Plot and Title Map

2 NEVILLE DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 2 NEVILLE DRIVE, 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 2 NEVILLE DRIVE). 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 2 NEVILLE DRIVE?

2 NEVILLE DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 2 on NEVILLE DRIVE.