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 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.
Land registry data shows three sales for 5 ROWSE CLOSE since 1st 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. Two of the three 5 ROWSE CLOSE sales were for below the average price, whilst one 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 1 AUG | £500,000 | £507,132 | 1% below HPI |
2008 26 MAR | £387,000 | £378,480 | 2% above HPI |
1998 24 JUL | £148,500 | £149,764 | 1% 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 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 2% above the HPI. So the extrapolation line tracks at 2% 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.
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 in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 5 ROWSE CLOSE lies on this distribution: 38% of detached 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 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.
5 ROWSE CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 5 on ROWSE CLOSE.