3, ROWNHAMS CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8AF - £525,000

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 ROWNHAMS CLOSE is a midsized extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £525,000 in December 2023, which was around 15% below the average December 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

3 ROWNHAMS CLOSE Sold Prices

Land registry data shows two sales for 3 ROWNHAMS 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 ROWNHAMS 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
2023 1 DEC	£525,000	£615,054	15% below HPI
2002 27 SEP	£247,000	£278,442	11% below HPI

3 ROWNHAMS 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 ROWNHAMS CLOSE sales from September 2002 and December 2023 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 September 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 ROWNHAMS CLOSE?

3 ROWNHAMS CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 3 ROWNHAMS CLOSE lies on this distribution: 51% of detached houses are smaller than 3 ROWNHAMS CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

3 ROWNHAMS CLOSE: Plot and Title Map

3 ROWNHAMS CLOSE sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 3 ROWNHAMS 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 ROWNHAMS 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 ROWNHAMS CLOSE?

3 ROWNHAMS CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 3 on ROWNHAMS CLOSE.