27, RICHMOND LANE, ROMSEY, SO51 7LB - £680,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 RICHMOND LANE is a very large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £680,000 in March 2022, which was around 14% above the average March 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

27 RICHMOND LANE Sold Prices

Land registry data shows two sales for 27 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. Both of the two 27 RICHMOND LANE sales 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 4 MAR	£680,000	£593,957	14% above HPI
2000 19 DEC	£217,500	£210,521	3% above HPI

27 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 27 RICHMOND LANE sales from December 2000 and March 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 December 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 27 RICHMOND LANE be worth now?

27 RICHMOND LANE might now be worth an estimated £698,903.

This is based on house price inflation of 2.8%, between March 2022 and December 2024, 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 2.8% inflationary increase is applied to the most recent sale price for 27 RICHMOND LANE of £680,000 on 4th March 2022. For the value to have increased from £680,000 to £698,903 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 27 RICHMOND LANE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2022 sale price of £680,000 represented a fair market value for the property.
• The size, condition, and specification of 27 RICHMOND LANE has not materially changed since March 2022.

How Large is 27 RICHMOND LANE?

27 RICHMOND LANE is 163m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 27 RICHMOND LANE lies on this distribution: 81% of detached houses houses are smaller than 27 RICHMOND LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Romsey.

27 RICHMOND LANE: Plot and Title Map

27 RICHMOND LANE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 27 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 27 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 27 RICHMOND LANE?

27 RICHMOND LANE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 27 on RICHMOND LANE.