2, NICHOLSON WALK, ROWNHAMS, SOUTHAMPTON, SO16 8LF - £565,000

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

2 NICHOLSON WALK is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £565,000 in January 2021, which was around 6% above the average January 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

2 NICHOLSON WALK Sold Prices

Land registry data shows four sales for 2 NICHOLSON WALK 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 2 NICHOLSON WALK sales were for above 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 29 JAN	£565,000	£533,283	6% above HPI
2016 31 MAR	£469,000	£458,262	2% above HPI
2006 11 AUG	£357,000	£337,690	6% above HPI
1998 3 APR	£169,000	£145,341	16% above HPI

2 NICHOLSON WALK 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 2 NICHOLSON WALK sales between April 1998 and January 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 March 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 NICHOLSON WALK?

2 NICHOLSON WALK is 142m² according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 2 NICHOLSON WALK lies on this distribution: 72% of detached houses are smaller than 2 NICHOLSON WALK, and 28% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

2 NICHOLSON WALK: Plot and Title Map

2 NICHOLSON WALK sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of 2 NICHOLSON WALK, 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 NICHOLSON WALK). 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 NICHOLSON WALK?

2 NICHOLSON WALK is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 2 on NICHOLSON WALK.