25, RICHMOND LANE, ROMSEY, SO51 7LB - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 RICHMOND LANE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £435,000 in July 2007, which was around 16% above the average July 2007 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

25 RICHMOND LANE Sold Prices

Land registry data shows two sales for 25 RICHMOND LANE 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 25 RICHMOND LANE sales was for above the average price, whilst the other was 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
2007 2 JUL	£435,000	£373,914	16% above HPI
2000 31 AUG	£215,000	£218,731	2% below HPI

25 RICHMOND LANE 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 25 RICHMOND LANE sales from August 2000 and July 2007 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2007 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 25 RICHMOND LANE?

25 RICHMOND LANE is 163m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 25 RICHMOND LANE lies on this distribution: 82% of detached houses are smaller than 25 RICHMOND LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Romsey.

25 RICHMOND LANE: Plot and Title Map

25 RICHMOND LANE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 25 RICHMOND LANE, 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 25 RICHMOND LANE). 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 25 RICHMOND LANE?

25 RICHMOND LANE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 25 on RICHMOND LANE.