29, TATE CLOSE, ROMSEY, SO51 0BE - £540,000

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

29 TATE CLOSE is a very large detached house of 221m². It was last sold for £540,000 in August 2016, which was around 16% above the average August 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

29 TATE CLOSE Sold Prices

Land registry data shows two sales for 29 TATE 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 29 TATE CLOSE 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
2016 26 AUG	£540,000	£464,611	16% above HPI
2014 10 DEC	£535,000	£411,554	30% above HPI

29 TATE 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 29 TATE CLOSE sales from December 2014 and August 2016 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 2014 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 29 TATE CLOSE be worth now?

29 TATE CLOSE might now be worth an estimated £709,524.

This is based on house price inflation of 31.4%, between August 2016 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 31.4% inflationary increase is applied to the most recent sale price for 29 TATE CLOSE of £540,000 on 26th August 2016. For the value to have increased from £540,000 to £709,524 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 29 TATE CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2016 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 29 TATE CLOSE has not materially changed since August 2016.

How Large is 29 TATE CLOSE?

29 TATE CLOSE is 221m² according to the EPC inspection conducted in August 2014. This puts it in the largest 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 29 TATE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 29 TATE CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Romsey.

29 TATE CLOSE: Plot and Title Map

29 TATE CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 29 TATE 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 29 TATE 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 29 TATE CLOSE?

29 TATE CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 29 on TATE CLOSE.