4, KNYGHT CLOSE, ROMSEY, SO51 5UX - £460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 KNYGHT CLOSE is a very small extended detached house of 80m², built sometime between 1983 and 1990. It was last sold for £460,000 in October 2023, which was around 28% below the average October 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

4 KNYGHT CLOSE Sold Prices

Land registry data shows three sales for 4 KNYGHT CLOSE 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. All of the three 4 KNYGHT 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
2023 19 OCT	£460,000	£641,502	28% below HPI
2014 14 FEB	£305,000	£384,279	21% below HPI
1999 29 JAN	£99,000	£148,098	33% below HPI

4 KNYGHT 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 three 4 KNYGHT CLOSE sales between January 1999 and October 2023 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 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 4 KNYGHT CLOSE?

4 KNYGHT CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 4 KNYGHT CLOSE lies on this distribution: 9% of detached houses are smaller than 4 KNYGHT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Romsey.

4 KNYGHT CLOSE: Plot and Title Map

4 KNYGHT CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 4 KNYGHT 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 KNYGHT 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 KNYGHT CLOSE?

4 KNYGHT CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 4 on KNYGHT CLOSE.