KILN COTTAGE, HILL VIEW ROAD, MICHELMERSH, ROMSEY, SO51 0NN - £625,000

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

KILN COTTAGE is a small extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £625,000 in May 2017, which was around 28% above the average May 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

KILN COTTAGE Sold Prices

Land registry data shows three sales for KILN COTTAGE 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. All of the three KILN COTTAGE 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 12 MAY	£625,000	£486,433	28% above HPI
2011 6 DEC	£480,000	£362,007	33% above HPI
2002 8 AUG	£316,000	£270,792	17% above HPI

KILN COTTAGE 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 KILN COTTAGE sales between August 2002 and May 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 December 2011 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is KILN COTTAGE?

KILN COTTAGE is 136m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses by size in Michelmersh, and where KILN COTTAGE lies on this distribution: 20% of detached houses are smaller than KILN COTTAGE, and 80% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

KILN COTTAGE: Plot and Title Map

KILN COTTAGE sits on a plot of roughly 0.321 of an acre, or 1,301m². The below map shows the location of KILN COTTAGE, 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 KILN COTTAGE). 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 KILN COTTAGE?

KILN COTTAGE is located on HILL VIEW ROAD in MICHELMERSH, in the SO51 postcode district. The below map shows the position of KILN COTTAGE on HILL VIEW ROAD.