3, FOSTER WAY, ROMSEY, SO51 0AW - £395,000

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

3 FOSTER WAY is a small semi-detached house of 101m², built sometime from 2012 onwards, which could now be worth an estimated £462,922. It was last sold for £395,000 in June 2021, which was around 26% above the average June 2021 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was September 2024, where the current energy rating was B, and the potential energy rating was A.

3 FOSTER WAY Sold Prices

Land registry data shows two sales for 3 FOSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. Both of the two 3 FOSTER WAY 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
2021 30 JUN	£395,000	£313,037	26% above HPI
2013 28 FEB	£320,000	£202,681	58% above HPI

3 FOSTER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Test Valley local authority area over time, sourced from the HPI. The two 3 FOSTER WAY sales from February 2013 and June 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 February 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 FOSTER WAY be worth now?

3 FOSTER WAY might now be worth an estimated £462,922.

This is based on house price inflation of 17.2%, between June 2021 and December 2024, for semi-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 17.2% inflationary increase is applied to the most recent sale price for 3 FOSTER WAY of £395,000 on 30th June 2021. For the value to have increased from £395,000 to £462,922 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 3 FOSTER WAY has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The June 2021 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FOSTER WAY has not materially changed since June 2021.

How Large is 3 FOSTER WAY?

3 FOSTER WAY is 101m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 30% of semi-detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Romsey, and where 3 FOSTER WAY lies on this distribution: 27% of semi-detached houses houses are smaller than 3 FOSTER WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 FOSTER WAY: Plot and Title Map

3 FOSTER WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 3 FOSTER WAY, 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 FOSTER WAY). 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 FOSTER WAY?

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