5, ROWSE CLOSE, ROMSEY, SO51 7RN - £500,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 ROWSE CLOSE is a small extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £500,000 in August 2018, which was around 1% below the average August 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

5 ROWSE CLOSE Sold Prices

Land registry data shows three sales for 5 ROWSE 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. The three 5 ROWSE CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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 1 AUG	£500,000	£503,810	1% below HPI
2008 26 MAR	£387,000	£376,001	3% above HPI
1998 24 JUL	£148,500	£148,783	Close to HPI

5 ROWSE 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 5 ROWSE CLOSE sales between July 1998 and August 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 March 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 ROWSE CLOSE be worth now?

5 ROWSE CLOSE might now be worth an estimated £605,851.

This is based on house price inflation of 21.2%, between August 2018 and December 2024, for detached houses, in the Test Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 5 ROWSE CLOSE of £500,000 on 1st August 2018. For the value to have increased from £500,000 to £605,851 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 ROWSE CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The August 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROWSE CLOSE has not materially changed since August 2018.

How Large is 5 ROWSE CLOSE?

5 ROWSE CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romsey, and where 5 ROWSE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 5 ROWSE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Romsey.

5 ROWSE CLOSE: Plot and Title Map

5 ROWSE CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 5 ROWSE 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 ROWSE 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 5 ROWSE CLOSE?

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