241, ROMSEY ROAD, SOUTHAMPTON, SO16 4BW - £275,000

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

241 ROMSEY ROAD is a midsized detached house of 99m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2023, which was around 35% below the average August 2023 detached price in the Southampton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

241 ROMSEY ROAD Sold Prices

Land registry data shows three sales for 241 ROMSEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 241 ROMSEY 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 25 AUG	£275,000	£423,391	35% below HPI
2007 25 MAY	£184,950	£250,114	26% below HPI
1997 27 AUG	£46,000	£93,455	51% below HPI

241 ROMSEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 241 ROMSEY ROAD sales between August 1997 and August 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 May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 241 ROMSEY ROAD?

241 ROMSEY ROAD is 99m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 241 ROMSEY ROAD lies on this distribution: 45% of detached houses are smaller than 241 ROMSEY ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Southampton.

241 ROMSEY ROAD: Plot and Title Map

241 ROMSEY ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 241 ROMSEY 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 241 ROMSEY 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.

Where is 241 ROMSEY ROAD?

241 ROMSEY ROAD is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 241 on ROMSEY ROAD.