23, OATLANDS, ROMSEY, SO51 0GU - £335,000

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.

23 OATLANDS is a very small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £444,684. It was last sold for £335,000 in August 2016, which was around 28% below the average August 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

23 OATLANDS Sold Prices

Land registry data shows four sales for 23 OATLANDS 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 23 OATLANDS 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
2016 5 AUG	£335,000	£464,611	28% below HPI
2006 28 JUL	£250,000	£332,319	25% below HPI
2000 23 NOV	£152,000	£211,769	28% below HPI
1997 4 JUL	£94,000	£127,549	26% below HPI

23 OATLANDS 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 23 OATLANDS sales between July 1997 and August 2016 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 July 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 23 OATLANDS be worth now?

23 OATLANDS might now be worth an estimated £444,684.

This is based on house price inflation of 32.7%, between August 2016 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 32.7% inflationary increase is applied to the most recent sale price for 23 OATLANDS of £335,000 on 5th August 2016. For the value to have increased from £335,000 to £444,684 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 23 OATLANDS has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OATLANDS has not materially changed since August 2016.

How Large is 23 OATLANDS?

23 OATLANDS is 78m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 23 OATLANDS lies on this distribution: 7% of detached houses houses are smaller than 23 OATLANDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Romsey.

23 OATLANDS: Plot and Title Map

23 OATLANDS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 23 OATLANDS, 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 23 OATLANDS). 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 23 OATLANDS?

23 OATLANDS is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 23 on OATLANDS.