24, BALMORAL WAY, ROWNHAMS, SOUTHAMPTON, SO16 8LL - £592,500

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

24 BALMORAL WAY is a large extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £592,500 in October 2022, which was around 7% below the average October 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

24 BALMORAL WAY Sold Prices

Land registry data shows three sales for 24 BALMORAL 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. One of the three 24 BALMORAL WAY sales was for below the average price, whilst two 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
2022 10 OCT	£592,500	£638,967	7% below HPI
2004 12 AUG	£335,000	£311,725	7% above HPI
2002 28 MAY	£249,000	£242,166	3% above HPI

24 BALMORAL 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 24 BALMORAL WAY sales between May 2002 and October 2022 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 August 2004 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 24 BALMORAL WAY?

24 BALMORAL WAY is 136m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 24 BALMORAL WAY lies on this distribution: 66% of detached houses are smaller than 24 BALMORAL WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

24 BALMORAL WAY: Plot and Title Map

24 BALMORAL WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 24 BALMORAL 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 24 BALMORAL 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 24 BALMORAL WAY?

24 BALMORAL WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 24 on BALMORAL WAY.