38, HARRISON WAY, ROWNHAMS, SOUTHAMPTON, SO16 8NG - £448,000

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

38 HARRISON WAY is a small detached house of 112m², which could now be worth an estimated £506,519. It was last sold for £448,000 in November 2020, which was around 17% below the average November 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

38 HARRISON WAY Sold Prices

Land registry data shows three sales for 38 HARRISON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. One of the three 38 HARRISON WAY sales was for below the average price, whilst two 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
2020 26 NOV	£448,000	£539,940	17% below HPI
2018 23 OCT	£17,000,000	£512,204	3219% above HPI
2017 1 SEP	£17,000,000	£508,209	3245% above HPI

38 HARRISON 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 three 38 HARRISON WAY sales between September 2017 and November 2020 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 October 2018 sale was for 3219% above the HPI. So the extrapolation line tracks at 3219% above the HPI over time, until the November 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 38 HARRISON WAY be worth now?

38 HARRISON WAY might now be worth an estimated £506,519.

This is based on house price inflation of 13.1%, between November 2020 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 13.1% inflationary increase is applied to the most recent sale price for 38 HARRISON WAY of £448,000 on 26th November 2020. For the value to have increased from £448,000 to £506,519 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 38 HARRISON WAY has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2020 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HARRISON WAY has not materially changed since November 2020.

How Large is 38 HARRISON WAY?

38 HARRISON WAY is 112m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rownhams, and where 38 HARRISON WAY lies on this distribution: 36% of detached houses houses are smaller than 38 HARRISON WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

38 HARRISON WAY: Plot and Title Map

38 HARRISON WAY sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 38 HARRISON 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 38 HARRISON 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 38 HARRISON WAY?

38 HARRISON WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 38 on HARRISON WAY.