503, ROMSEY ROAD, SOUTHAMPTON, SO16 9GQ - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

503 ROMSEY ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £300,000 in April 2018, which was around 14% below the average April 2018 detached price in the Southampton local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

503 ROMSEY ROAD Sold Prices

Land registry data shows three sales for 503 ROMSEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 503 ROMSEY 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
2018 4 APR	£300,000	£350,796	14% below HPI
2014 10 JAN	£216,000	£264,285	18% below HPI
1997 25 APR	£68,000	£86,229	21% below HPI

503 ROMSEY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 503 ROMSEY ROAD sales between April 1997 and April 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 January 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 503 ROMSEY ROAD?

503 ROMSEY ROAD is 120m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 503 ROMSEY ROAD lies on this distribution: 66% of detached houses are smaller than 503 ROMSEY ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Southampton.

503 ROMSEY ROAD: Plot and Title Map

503 ROMSEY ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 503 ROMSEY 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 503 ROMSEY 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.

Where is 503 ROMSEY ROAD?

503 ROMSEY ROAD is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 503 on ROMSEY ROAD.