3, WATERSIDE ROAD, ROMSEY, SO51 7WF - £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 WATERSIDE ROAD is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £395,000 in October 2019, which was around 24% below the average October 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

3 WATERSIDE ROAD Sold Prices

Land registry data shows two sales for 3 WATERSIDE ROAD 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 WATERSIDE ROAD 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
2019 8 OCT	£395,000	£518,032	24% below HPI
2004 25 MAY	£242,500	£311,163	22% below HPI

3 WATERSIDE ROAD 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 WATERSIDE ROAD sales from May 2004 and October 2019 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 May 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 WATERSIDE ROAD be worth now?

3 WATERSIDE ROAD might now be worth an estimated £465,483.

This is based on house price inflation of 17.8%, between October 2019 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 17.8% inflationary increase is applied to the most recent sale price for 3 WATERSIDE ROAD of £395,000 on 8th October 2019. For the value to have increased from £395,000 to £465,483 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 WATERSIDE ROAD has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The October 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERSIDE ROAD has not materially changed since October 2019.

How Large is 3 WATERSIDE ROAD?

3 WATERSIDE ROAD is 80m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 WATERSIDE ROAD lies on this distribution: 9% of detached houses houses are smaller than 3 WATERSIDE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 WATERSIDE ROAD: Plot and Title Map

3 WATERSIDE ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 WATERSIDE ROAD, 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 WATERSIDE ROAD). 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 WATERSIDE ROAD?

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