5, WOODLAND CLOSE, EAST WELLOW, ROMSEY, SO51 6BQ - £332,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WOODLAND CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £562,497. It was last sold for £332,000 in May 2012, which was around 9% below the average May 2012 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

5 WOODLAND CLOSE Sold Prices

Land registry data shows three sales for 5 WOODLAND 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. All of the three 5 WOODLAND CLOSE 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
2012 15 MAY	£332,000	£364,010	9% below HPI
2006 18 AUG	£317,000	£335,478	6% below HPI
1996 30 MAY	£107,000	£118,746	10% below HPI

5 WOODLAND 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 WOODLAND CLOSE sales between May 1996 and May 2012 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 August 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 WOODLAND CLOSE be worth now?

5 WOODLAND CLOSE might now be worth an estimated £562,497.

This is based on house price inflation of 69.4%, between May 2012 and February 2025, 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 69.4% inflationary increase is applied to the most recent sale price for 5 WOODLAND CLOSE of £332,000 on 15th May 2012. For the value to have increased from £332,000 to £562,497 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 5 WOODLAND CLOSE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2012 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOODLAND CLOSE has not materially changed since May 2012.

How Large is 5 WOODLAND CLOSE?

5 WOODLAND CLOSE is 74m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of detached houses houses in East Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wellow, and where 5 WOODLAND CLOSE lies on this distribution: 3% of detached houses houses are smaller than 5 WOODLAND CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in East Wellow.

5 WOODLAND CLOSE: Plot and Title Map

5 WOODLAND CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 5 WOODLAND 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 WOODLAND 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 WOODLAND CLOSE?

5 WOODLAND CLOSE is located in EAST WELLOW, in the SO51 postcode district. The below map shows the position of No. 5 on WOODLAND CLOSE.