3, CROSFIELD CLOSE, EAST WELLOW, ROMSEY, SO51 6EU - £355,000

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 CROSFIELD CLOSE is a small extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £454,493. It was last sold for £355,000 in February 2017, which was around 26% below the average February 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

3 CROSFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 CROSFIELD 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 CROSFIELD 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
2017 9 FEB	£355,000	£481,722	26% below HPI
1995 11 DEC	£93,500	£116,684	20% below HPI

3 CROSFIELD 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 CROSFIELD CLOSE sales from December 1995 and February 2017 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CROSFIELD CLOSE be worth now?

3 CROSFIELD CLOSE might now be worth an estimated £454,493.

This is based on house price inflation of 28%, between February 2017 and February 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 28% inflationary increase is applied to the most recent sale price for 3 CROSFIELD CLOSE of £355,000 on 9th February 2017. For the value to have increased from £355,000 to £454,493 over the eight years to February 2025, the following assumptions must hold true:

• The value of 3 CROSFIELD CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2017 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROSFIELD CLOSE has not materially changed since February 2017.

How Large is 3 CROSFIELD CLOSE?

3 CROSFIELD CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in East Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wellow, and where 3 CROSFIELD CLOSE lies on this distribution: 24% of detached houses houses are smaller than 3 CROSFIELD CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in East Wellow.

3 CROSFIELD CLOSE: Plot and Title Map

3 CROSFIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 CROSFIELD 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 CROSFIELD 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 CROSFIELD CLOSE?

3 CROSFIELD CLOSE is located in EAST WELLOW, in the SO51 postcode district. The below map shows the position of No. 3 on CROSFIELD CLOSE.