9, HORSESHOE DRIVE, ROMSEY, SO51 7TP - £537,000

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.

9 HORSESHOE DRIVE is a large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £657,666. It was last sold for £537,000 in November 2018, which was around 6% above the average November 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

9 HORSESHOE DRIVE Sold Prices

Land registry data shows three sales for 9 HORSESHOE DRIVE 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. Two of the three 9 HORSESHOE DRIVE sales were for above the average price, whilst one was 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 22 NOV	£537,000	£507,450	6% above HPI
2014 28 MAY	£439,950	£376,469	17% above HPI
2006 24 NOV	£335,000	£342,795	2% below HPI

9 HORSESHOE DRIVE 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 9 HORSESHOE DRIVE sales between November 2006 and November 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 May 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 9 HORSESHOE DRIVE be worth now?

9 HORSESHOE DRIVE might now be worth an estimated £657,666.

This is based on house price inflation of 22.5%, between November 2018 and March 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 22.5% inflationary increase is applied to the most recent sale price for 9 HORSESHOE DRIVE of £537,000 on 22nd November 2018. For the value to have increased from £537,000 to £657,666 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 9 HORSESHOE DRIVE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2018 sale price of £537,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HORSESHOE DRIVE has not materially changed since November 2018.

How Large is 9 HORSESHOE DRIVE?

9 HORSESHOE DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% 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 9 HORSESHOE DRIVE lies on this distribution: 72% of detached houses houses are smaller than 9 HORSESHOE DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Romsey.

9 HORSESHOE DRIVE: Plot and Title Map

9 HORSESHOE DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 9 HORSESHOE DRIVE, 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 9 HORSESHOE DRIVE). 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 9 HORSESHOE DRIVE?

9 HORSESHOE DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 9 on HORSESHOE DRIVE.