3, BRICKWOODS CLOSE, ROMSEY, SO51 7JA - £243,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 BRICKWOODS CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £289,973. It was last sold for £243,000 in March 2021, which was around 53% below the average March 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

3 BRICKWOODS CLOSE Sold Prices

Land registry data shows two sales for 3 BRICKWOODS 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 BRICKWOODS 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
2021 10 MAR	£243,000	£520,803	53% below HPI
2018 31 AUG	£227,000	£503,810	55% below HPI

3 BRICKWOODS 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 BRICKWOODS CLOSE sales from August 2018 and March 2021 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 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 3 BRICKWOODS CLOSE be worth now?

3 BRICKWOODS CLOSE might now be worth an estimated £289,973.

This is based on house price inflation of 19.3%, between March 2021 and March 2025, 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 19.3% inflationary increase is applied to the most recent sale price for 3 BRICKWOODS CLOSE of £243,000 on 10th March 2021. For the value to have increased from £243,000 to £289,973 over the four years to March 2025, the following assumptions must hold true:

• The value of 3 BRICKWOODS CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2021 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRICKWOODS CLOSE has not materially changed since March 2021.

How Large is 3 BRICKWOODS CLOSE?

3 BRICKWOODS CLOSE is 80m² according to the EPC inspection conducted in October 2020. 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 3 BRICKWOODS CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 BRICKWOODS CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 BRICKWOODS CLOSE: Plot and Title Map

3 BRICKWOODS CLOSE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 3 BRICKWOODS 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 BRICKWOODS 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 BRICKWOODS CLOSE?

3 BRICKWOODS CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 3 on BRICKWOODS CLOSE.