4, FLORENCE CLOSE, EAST WELLOW, ROMSEY, SO51 6EW - £442,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FLORENCE CLOSE is a small extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £434,212. It was last sold for £442,000 in September 2022, which was around 30% below the average September 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

4 FLORENCE CLOSE Sold Prices

Land registry data shows two sales for 4 FLORENCE CLOSE 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 4 FLORENCE CLOSE 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
2022 16 SEP	£442,000	£627,792	30% below HPI
2020 18 FEB	£395,000	£515,399	23% below HPI

4 FLORENCE CLOSE 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 4 FLORENCE CLOSE sales from February 2020 and September 2022 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 February 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 FLORENCE CLOSE be worth now?

4 FLORENCE CLOSE might now be worth an estimated £434,212.

This is based on house price deflation of 1.8%, between September 2022 and February 2025, 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 1.8% deflationary decrease is applied to the most recent sale price for 4 FLORENCE CLOSE of £442,000 on 16th September 2022. For the value to have decreased from £442,000 to £434,212 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 FLORENCE CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The September 2022 sale price of £442,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FLORENCE CLOSE has not materially changed since September 2022.

How Large is 4 FLORENCE CLOSE?

4 FLORENCE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of detached houses houses in East Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wellow, and where 4 FLORENCE CLOSE lies on this distribution: 28% of detached houses houses are smaller than 4 FLORENCE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in East Wellow.

4 FLORENCE CLOSE: Plot and Title Map

4 FLORENCE CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 4 FLORENCE CLOSE, 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 4 FLORENCE CLOSE). 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 4 FLORENCE CLOSE?

4 FLORENCE CLOSE is located in EAST WELLOW, in the SO51 postcode district. The below map shows the position of No. 4 on FLORENCE CLOSE.