3, HODINOTT CLOSE, ROMSEY, SO51 0BB - £470,000

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 HODINOTT CLOSE is a small detached house of 111m², which could now be worth an estimated £521,240. It was last sold for £470,000 in September 2021, which was around 15% below the average September 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

3 HODINOTT CLOSE Sold Prices

Land registry data shows two sales for 3 HODINOTT 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 HODINOTT 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 1 SEP	£470,000	£550,456	15% below HPI
2015 30 APR	£354,995	£423,981	16% below HPI

3 HODINOTT 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 HODINOTT CLOSE sales from April 2015 and September 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 April 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 3 HODINOTT CLOSE be worth now?

3 HODINOTT CLOSE might now be worth an estimated £521,240.

This is based on house price inflation of 10.9%, between September 2021 and December 2024, 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 10.9% inflationary increase is applied to the most recent sale price for 3 HODINOTT CLOSE of £470,000 on 1st September 2021. For the value to have increased from £470,000 to £521,240 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 HODINOTT CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HODINOTT CLOSE has not materially changed since September 2021.

How Large is 3 HODINOTT CLOSE?

3 HODINOTT CLOSE is 111m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 HODINOTT CLOSE lies on this distribution: 38% of detached houses houses are smaller than 3 HODINOTT CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 HODINOTT CLOSE: Plot and Title Map

3 HODINOTT CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 3 HODINOTT 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 HODINOTT 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 HODINOTT CLOSE?

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