7, MAGNOLIA WALK, ROMSEY, SO51 0PY - £745,000

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

7 MAGNOLIA WALK is a very large detached house of 172m². It was last sold for £745,000 in November 2024, which was around 20% above the average November 2024 detached price in the Test Valley local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

7 MAGNOLIA WALK Sold Prices

Land registry data shows two sales for 7 MAGNOLIA WALK since 1^st 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 7 MAGNOLIA WALK sales were 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
2024 8 NOV	£745,000	£619,899	20% above HPI
2014 31 OCT	£566,000	£410,222	38% above HPI

7 MAGNOLIA WALK 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 two 7 MAGNOLIA WALK sales from October 2014 and November 2024 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 2014 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 MAGNOLIA WALK be worth now?

7 MAGNOLIA WALK might now be worth an estimated £733,666.

This is based on house price deflation of 1.5%, between November 2024 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 1.5% deflationary decrease is applied to the most recent sale price for 7 MAGNOLIA WALK of £745,000 on 8th November 2024. For the value to have decreased from £745,000 to £733,666 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 7 MAGNOLIA WALK has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2024 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGNOLIA WALK has not materially changed since November 2024.

How Large is 7 MAGNOLIA WALK?

7 MAGNOLIA WALK is 172m² according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 7 MAGNOLIA WALK lies on this distribution: 84% of detached houses houses are smaller than 7 MAGNOLIA WALK, and 16% of houses are larger. Note that EPC data is not available for all properties in Romsey.

7 MAGNOLIA WALK: Plot and Title Map

7 MAGNOLIA WALK sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 7 MAGNOLIA WALK, 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 7 MAGNOLIA WALK). 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 7 MAGNOLIA WALK?

7 MAGNOLIA WALK is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 7 on MAGNOLIA WALK.