2, ROWNHAMS WAY, ROWNHAMS, SOUTHAMPTON, SO16 8AE - £348,000

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

2 ROWNHAMS WAY is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £348,000 in November 2013, which was around 10% below the average November 2013 detached price in the Test Valley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

2 ROWNHAMS WAY Sold Prices

Land registry data shows three sales for 2 ROWNHAMS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 2 ROWNHAMS 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
2013 27 NOV	£348,000	£386,375	10% below HPI
2006 10 APR	£300,000	£327,287	8% below HPI
2000 25 AUG	£145,000	£218,731	34% below HPI

2 ROWNHAMS 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 three 2 ROWNHAMS WAY sales between August 2000 and November 2013 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 April 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 ROWNHAMS WAY?

2 ROWNHAMS WAY is 65m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 ROWNHAMS WAY lies on this distribution: Less than 1% of detached houses are smaller than 2 ROWNHAMS WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

2 ROWNHAMS WAY: Plot and Title Map

2 ROWNHAMS WAY sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 ROWNHAMS 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 2 ROWNHAMS 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 2 ROWNHAMS WAY?

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