32, FIVE ELMS DRIVE, ROMSEY, SO51 5RN - £475,000

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

32 FIVE ELMS DRIVE is a large detached house of 135m², built sometime between 1976 and 1982. It was last sold for £475,000 in May 2016, which was around 5% above the average May 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

32 FIVE ELMS DRIVE Sold Prices

Land registry data shows two sales for 32 FIVE ELMS DRIVE 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 32 FIVE ELMS DRIVE sales were for above 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
2016 27 MAY	£475,000	£450,831	5% above HPI
1996 21 JUN	£140,000	£118,080	19% above HPI

32 FIVE ELMS DRIVE 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 32 FIVE ELMS DRIVE sales from June 1996 and May 2016 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 June 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 32 FIVE ELMS DRIVE?

32 FIVE ELMS DRIVE is 135m² according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 32 FIVE ELMS DRIVE lies on this distribution: 63% of detached houses are smaller than 32 FIVE ELMS DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Romsey.

32 FIVE ELMS DRIVE: Plot and Title Map

32 FIVE ELMS DRIVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 32 FIVE ELMS DRIVE, 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 32 FIVE ELMS DRIVE). 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 32 FIVE ELMS DRIVE?

32 FIVE ELMS DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 32 on FIVE ELMS DRIVE.