3, ARMADA CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8JY - £85,000

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

3 ARMADA CLOSE is a very small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £85,000 in January 2007, which was around 76% below the average January 2007 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

3 ARMADA CLOSE Sold Prices

Land registry data shows two sales for 3 ARMADA 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 3 ARMADA 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
2007 12 JAN	£85,000	£355,608	76% below HPI
1996 29 MAR	£83,000	£116,468	29% below HPI

3 ARMADA 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 3 ARMADA CLOSE sales from March 1996 and January 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 March 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2007 sale, where it falls to 76% below the HPI. The line then continues to track at 76% below the HPI.

How Large is 3 ARMADA CLOSE?

3 ARMADA CLOSE is 90m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 20% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 3 ARMADA CLOSE lies on this distribution: 13% of detached houses are smaller than 3 ARMADA CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

3 ARMADA CLOSE: Plot and Title Map

3 ARMADA CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 3 ARMADA 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 3 ARMADA 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 3 ARMADA CLOSE?

3 ARMADA CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 3 on ARMADA CLOSE.