5, MILLSTREAM RISE, ROMSEY, SO51 8HA - £1,190,000

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

5 MILLSTREAM RISE is a very large extended detached house of 174m², built sometime between 1976 and 1982. It was last sold for £1,190,000 in April 2022, which was around 100% above the average April 2022 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

5 MILLSTREAM RISE Sold Prices

Land registry data shows two sales for 5 MILLSTREAM RISE 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 5 MILLSTREAM RISE sales were 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
2022 1 APR	£1,190,000	£595,364	100% above HPI
2014 2 MAY	£880,000	£378,951	132% above HPI

5 MILLSTREAM RISE 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 MILLSTREAM RISE sales from May 2014 and April 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 May 2014 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the April 2022 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 5 MILLSTREAM RISE?

5 MILLSTREAM RISE is 174m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 5 MILLSTREAM RISE lies on this distribution: 85% of detached houses are smaller than 5 MILLSTREAM RISE, and 15% of houses are larger. Note that EPC data is not available for all properties in Romsey.

5 MILLSTREAM RISE: Plot and Title Map

5 MILLSTREAM RISE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 5 MILLSTREAM RISE, 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 MILLSTREAM RISE). 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 MILLSTREAM RISE?

5 MILLSTREAM RISE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 5 on MILLSTREAM RISE.