3, WATERWORKS COTTAGES, NEW ROAD, TIMSBURY, ROMSEY, SO51 0NL - £182,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 WATERWORKS COTTAGES is a very small extended semi-detached house of 84m², built sometime between 1930 and 1949. It was last sold for £182,500 in May 2003, which was around 40% below the average May 2003 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

3 WATERWORKS COTTAGES Sold Prices

Land registry data shows two sales for 3 WATERWORKS COTTAGES 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 WATERWORKS COTTAGES 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
2003 30 MAY	£182,500	£305,006	40% below HPI
2002 30 AUG	£102,500	£270,792	62% below HPI

3 WATERWORKS COTTAGES 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 WATERWORKS COTTAGES sales from August 2002 and May 2003 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 August 2002 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the May 2003 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 3 WATERWORKS COTTAGES?

3 WATERWORKS COTTAGES is 84m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of detached houses in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses by size in Michelmersh, and where 3 WATERWORKS COTTAGES lies on this distribution: 4% of detached houses are smaller than 3 WATERWORKS COTTAGES, and 96% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

3 WATERWORKS COTTAGES: Plot and Title Map

3 WATERWORKS COTTAGES sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 3 WATERWORKS COTTAGES, 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 WATERWORKS COTTAGES). 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 WATERWORKS COTTAGES?

3 WATERWORKS COTTAGES is located on NEW ROAD in TIMSBURY, in the SO51 postcode district. The below map shows the position of 3 WATERWORKS COTTAGES on NEW ROAD.