3, BRIDGE ROAD, ROMSEY, SO51 8JD - £290,000

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 BRIDGE ROAD is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £290,000 in September 2014, which was around 30% below the average September 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

3 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 3 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three 3 BRIDGE ROAD 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
2014 18 SEP	£290,000	£413,834	30% below HPI
1999 8 OCT	£80,000	£177,346	55% below HPI
1995 17 MAR	£47,000	£116,271	60% below HPI

3 BRIDGE ROAD 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 three 3 BRIDGE ROAD sales between March 1995 and September 2014 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 October 1999 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 BRIDGE ROAD?

3 BRIDGE ROAD is 64m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 3 BRIDGE ROAD lies on this distribution: 1% of detached houses are smaller than 3 BRIDGE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 BRIDGE ROAD: Plot and Title Map

3 BRIDGE ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 BRIDGE ROAD, 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 BRIDGE ROAD). 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 BRIDGE ROAD?

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