3, WATERSIDE ROAD, ROMSEY, SO51 7WF - £395,000

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 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	£521,447	24% below HPI
2004 25 MAY	£242,500	£313,214	23% 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 23% below the HPI. So the extrapolation line tracks at 23% 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.

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 in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 3 WATERSIDE ROAD lies on this distribution: 9% of detached 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.