5, BALMORAL WAY, ROWNHAMS, SOUTHAMPTON, SO16 8LL - £485,000

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

5 BALMORAL WAY is a large detached house of 135m², built sometime between 1983 and 1990. It was last sold for £485,000 in March 2018, which was around 5% below the average March 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

5 BALMORAL WAY Sold Prices

Land registry data shows two sales for 5 BALMORAL WAY 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. One of the two 5 BALMORAL WAY sales was for below the average price, whilst the other was for above 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
2018 23 MAR	£485,000	£512,600	5% below HPI
2001 10 MAY	£239,950	£218,675	10% above HPI

5 BALMORAL WAY 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 5 BALMORAL WAY sales from May 2001 and March 2018 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 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 BALMORAL WAY?

5 BALMORAL WAY is 135m² according to the EPC inspection conducted in September 2017. 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 5 BALMORAL WAY lies on this distribution: 65% of detached houses are smaller than 5 BALMORAL WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

5 BALMORAL WAY: Plot and Title Map

5 BALMORAL WAY sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 5 BALMORAL WAY, 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 BALMORAL WAY). 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 5 BALMORAL WAY?

5 BALMORAL WAY is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 5 on BALMORAL WAY.