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 NORTHLANDS ROAD is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £400,000 in March 2021, which was around 24% below the average March 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 5 NORTHLANDS ROAD since 1st 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 NORTHLANDS ROAD 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 |
---|---|---|---|
2021 2 MAR | £400,000 | £524,237 | 24% below HPI |
2018 12 OCT | £295,000 | £515,581 | 43% 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 two 5 NORTHLANDS ROAD sales from October 2018 and March 2021 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 October 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
5 NORTHLANDS ROAD is 62m² according to the EPC inspection conducted in August 2018. 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 5 NORTHLANDS ROAD lies on this distribution: 1% of detached houses are smaller than 5 NORTHLANDS ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Romsey.
5 NORTHLANDS ROAD sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 5 NORTHLANDS ROAD, 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 NORTHLANDS ROAD). 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 NORTHLANDS ROAD is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 5 on NORTHLANDS ROAD.