FOREST ACRE, SALISBURY ROAD, PLAITFORD, ROMSEY, SO51 6EE - £890,000

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

FOREST ACRE is a small property of 124m², built sometime from 2007 onwards. It was last sold for £890,000 in September 2023, which was around 38% above the average September 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

FOREST ACRE Sold Prices

Land registry data shows three sales for FOREST ACRE 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 FOREST ACRE 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
2023 20 SEP	£890,000	£642,647	38% above HPI
2013 12 JUL	£465,000	£362,899	28% above HPI
2009 15 APR	£300,000	£305,231	2% below HPI

FOREST ACRE 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 FOREST ACRE sales between April 2009 and September 2023 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 July 2013 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2023 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is FOREST ACRE?

FOREST ACRE is 124m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Plaitford, based on EPC data. The below chart shows the distribution of detached houses by size in Plaitford, and where FOREST ACRE lies on this distribution: 38% of detached houses are smaller than FOREST ACRE, and 62% of houses are larger. Note that EPC data is not available for all properties in Plaitford.

FOREST ACRE: Plot and Title Map

FOREST ACRE sits on a plot of roughly 0.465 of an acre, or 1,883m². The below map shows the location of FOREST ACRE, 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 FOREST ACRE). 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 FOREST ACRE?

FOREST ACRE is located on SALISBURY ROAD in PLAITFORD, in the SO51 postcode district. The below map shows the position of FOREST ACRE on SALISBURY ROAD.