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
5 ARMADA CLOSE is a very small semi-detached house of 67m², built sometime between 1991 and 1995. It was last sold for £320,000 in May 2022, which was around 46% below the average May 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 5 ARMADA CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the six 5 ARMADA 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 27 MAY | £320,000 | £596,456 | 46% below HPI |
2019 29 NOV | £293,000 | £517,553 | 43% below HPI |
2014 3 NOV | £244,000 | £414,883 | 41% below HPI |
2004 12 AUG | £183,500 | £311,725 | 41% below HPI |
2002 27 SEP | £158,950 | £278,442 | 43% below HPI |
1999 18 AUG | £83,000 | £167,094 | 50% below HPI |
The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The six 5 ARMADA CLOSE sales between August 1999 and May 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 November 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
5 ARMADA CLOSE is 67m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where 5 ARMADA CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 5 ARMADA CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Rownhams.
5 ARMADA CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 5 ARMADA 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 5 ARMADA 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.
5 ARMADA CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 5 on ARMADA CLOSE.