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
21 NEW ROAD is a midsized extended detached house of 112m², built sometime between 1930 and 1949. It was last sold for £630,000 in October 2023, which was around 2% below the average October 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 21 NEW ROAD since 1st 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. Most of the four 21 NEW ROAD 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 |
---|---|---|---|
2023 23 OCT | £630,000 | £641,502 | 2% below HPI |
2010 19 NOV | £415,000 | £379,167 | 9% above HPI |
2007 4 JAN | £342,500 | £355,608 | 4% below HPI |
1998 4 DEC | £107,000 | £152,164 | 30% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The four 21 NEW ROAD sales between December 1998 and October 2023 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 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
21 NEW ROAD is 112m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 21 NEW ROAD lies on this distribution: 40% of detached houses are smaller than 21 NEW ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Romsey.
21 NEW ROAD sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 21 NEW ROAD, 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 21 NEW ROAD). 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.
21 NEW ROAD is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 21 on NEW ROAD.