28, PETTY CLOSE, ROMSEY, SO51 5UY - £182,500

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

28 PETTY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £182,500 in May 2002, which was around 24% below the average May 2002 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

28 PETTY CLOSE Sold Prices

Land registry data shows two sales for 28 PETTY CLOSE 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 28 PETTY CLOSE 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
2002 8 MAY	£182,500	£240,580	24% below HPI
2000 11 SEP	£139,995	£218,271	36% below HPI

28 PETTY CLOSE 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 28 PETTY CLOSE sales from September 2000 and May 2002 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 September 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2002 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 28 PETTY CLOSE be worth now?

28 PETTY CLOSE might now be worth an estimated £463,091.

This is based on house price inflation of 153.7%, between May 2002 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 153.7% inflationary increase is applied to the most recent sale price for 28 PETTY CLOSE of £182,500 on 8th May 2002. For the value to have increased from £182,500 to £463,091 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 28 PETTY CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2002 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 28 PETTY CLOSE has not materially changed since May 2002.

How Large is 28 PETTY CLOSE?

28 PETTY CLOSE is 69m² according to the EPC inspection conducted in September 2013. 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 28 PETTY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 28 PETTY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Romsey.

28 PETTY CLOSE: Plot and Title Map

28 PETTY CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 28 PETTY CLOSE, 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 28 PETTY CLOSE). 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 28 PETTY CLOSE?

28 PETTY CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 28 on PETTY CLOSE.