2, THE COVERT, ROMSEY, SO51 5QZ - £410,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE COVERT is a small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £410,000 in June 2015, which was around 3% below the average June 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 THE COVERT Sold Prices

Land registry data shows two sales for 2 THE COVERT 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. One of the two 2 THE COVERT sales was for below the average price, whilst the other was roughly equal to 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
2015 26 JUN	£410,000	£422,912	3% below HPI
1999 18 JUN	£162,500	£162,427	Close to HPI

2 THE COVERT 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 THE COVERT sales from June 1999 and June 2015 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 June 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 THE COVERT be worth now?

2 THE COVERT might now be worth an estimated £591,830.

This is based on house price inflation of 44.3%, between June 2015 and December 2024, 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 44.3% inflationary increase is applied to the most recent sale price for 2 THE COVERT of £410,000 on 26th June 2015. For the value to have increased from £410,000 to £591,830 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 2 THE COVERT has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The June 2015 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE COVERT has not materially changed since June 2015.

How Large is 2 THE COVERT?

2 THE COVERT is 95m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 THE COVERT lies on this distribution: 22% of detached houses houses are smaller than 2 THE COVERT, and 77% of houses are larger. Note that EPC data is not available for all properties in Romsey.

2 THE COVERT: Plot and Title Map

2 THE COVERT sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 2 THE COVERT, 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 THE COVERT). 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 THE COVERT?

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