3, OXLEASE CLOSE, ROMSEY, SO51 7HA - £512,500

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 OXLEASE CLOSE is a very large detached house of 169m², built sometime between 1996 and 2002. It was last sold for £512,500 in October 2011, which was around 39% above the average October 2011 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

3 OXLEASE CLOSE Sold Prices

Land registry data shows three sales for 3 OXLEASE CLOSE 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 OXLEASE CLOSE 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
2011 25 OCT	£512,500	£367,786	39% above HPI
2005 31 MAR	£381,000	£309,959	23% above HPI
1999 29 DEC	£262,000	£184,805	42% above HPI

3 OXLEASE 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 three 3 OXLEASE CLOSE sales between December 1999 and October 2011 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 March 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2011 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 3 OXLEASE CLOSE?

3 OXLEASE CLOSE is 169m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 OXLEASE CLOSE lies on this distribution: 83% of detached houses are smaller than 3 OXLEASE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 OXLEASE CLOSE: Plot and Title Map

3 OXLEASE CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 OXLEASE 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 OXLEASE 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 OXLEASE CLOSE?

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