7, THE MEADS, ROMSEY, SO51 8HB - £1,350,000

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

7 THE MEADS is a very large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £1,350,000 in December 2017, which was around 170% above the average December 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

7 THE MEADS Sold Prices

Land registry data shows two sales for 7 THE MEADS 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 THE MEADS 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
2017 1 DEC	£1,350,000	£499,249	170% above HPI
1996 22 AUG	£237,000	£116,853	103% above HPI

7 THE MEADS 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 THE MEADS sales from August 1996 and December 2017 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 1996 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the December 2017 sale, where it rises to 170% above the HPI. The line then continues to track at 170% above the HPI.

How Large is 7 THE MEADS?

7 THE MEADS is 217m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 7 THE MEADS lies on this distribution: 93% of detached houses are smaller than 7 THE MEADS, and 7% of houses are larger. Note that EPC data is not available for all properties in Romsey.

7 THE MEADS: Plot and Title Map

7 THE MEADS sits on a plot of roughly 0.280 of an acre, or 1,131m². The below map shows the location of 7 THE MEADS, 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 THE MEADS). 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 THE MEADS?

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