4, MICHELMERSH CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8DX - £400,000

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

4 MICHELMERSH CLOSE is a large detached house of 129m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2019, which was around 20% below the average July 2019 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

4 MICHELMERSH CLOSE Sold Prices

Land registry data shows three sales for 4 MICHELMERSH 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 MICHELMERSH 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
2019 26 JUL	£400,000	£501,212	20% below HPI
2015 22 MAY	£312,500	£420,029	26% below HPI
2002 28 FEB	£187,500	£229,587	18% below HPI

4 MICHELMERSH 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 MICHELMERSH CLOSE sales between February 2002 and July 2019 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 May 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 MICHELMERSH CLOSE?

4 MICHELMERSH CLOSE is 129m² according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 4 MICHELMERSH CLOSE lies on this distribution: 62% of detached houses are smaller than 4 MICHELMERSH CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

4 MICHELMERSH CLOSE: Plot and Title Map

4 MICHELMERSH CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 4 MICHELMERSH 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 MICHELMERSH 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 MICHELMERSH CLOSE?

4 MICHELMERSH CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 4 on MICHELMERSH CLOSE.