38, NORTHLANDS ROAD, ROMSEY, SO51 5RY - £482,500

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 NORTHLANDS ROAD is a midsized extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £482,500 in December 2017, which was around 3% below the average December 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

38 NORTHLANDS ROAD Sold Prices

Land registry data shows two sales for 38 NORTHLANDS 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 38 NORTHLANDS 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
2017 11 DEC	£482,500	£495,980	3% below HPI
1998 3 JUL	£100,000	£148,783	33% below HPI

38 NORTHLANDS 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 38 NORTHLANDS ROAD sales from July 1998 and December 2017 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 July 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 38 NORTHLANDS ROAD be worth now?

38 NORTHLANDS ROAD might now be worth an estimated £593,876.

This is based on house price inflation of 23.1%, between December 2017 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 23.1% inflationary increase is applied to the most recent sale price for 38 NORTHLANDS ROAD of £482,500 on 11th December 2017. For the value to have increased from £482,500 to £593,876 over the seven years to December 2024, the following assumptions must hold true:

• The value of 38 NORTHLANDS ROAD has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The December 2017 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 38 NORTHLANDS ROAD has not materially changed since December 2017.

How Large is 38 NORTHLANDS ROAD?

38 NORTHLANDS ROAD is 127m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 38 NORTHLANDS ROAD lies on this distribution: 54% of detached houses houses are smaller than 38 NORTHLANDS ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Romsey.

38 NORTHLANDS ROAD: Plot and Title Map

38 NORTHLANDS ROAD sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 38 NORTHLANDS 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 38 NORTHLANDS 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 38 NORTHLANDS ROAD?

38 NORTHLANDS ROAD is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 38 on NORTHLANDS ROAD.