3, VICTORY WAY, ROWNHAMS, SOUTHAMPTON, SO16 8LA - £385,000

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 VICTORY WAY is a large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £385,000 in June 2014, which was around 1% above the average June 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 VICTORY WAY Sold Prices

Land registry data shows two sales for 3 VICTORY WAY 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. One of the two 3 VICTORY WAY sales was for above the average price, whilst the other was 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
2014 3 JUN	£385,000	£382,056	1% above HPI
2002 26 NOV	£239,950	£289,771	17% below HPI

3 VICTORY WAY 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 VICTORY WAY sales from November 2002 and June 2014 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 November 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 3 VICTORY WAY?

3 VICTORY WAY is 135m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 40% 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 VICTORY WAY lies on this distribution: 65% of detached houses are smaller than 3 VICTORY WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

3 VICTORY WAY: Plot and Title Map

3 VICTORY WAY sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 3 VICTORY 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 VICTORY 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 VICTORY WAY?

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