LARKS GATE, ROMSEY ROAD, NURSLING, SOUTHAMPTON, SO16 0XW - £485,000

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.

LARKS GATE is a very large extended detached house of 167m², built sometime between 1930 and 1949, which could now be worth an estimated £569,302. It was last sold for £485,000 in May 2020, which was around 8% below the average May 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was D.

LARKS GATE Sold Prices

Land registry data shows three sales for LARKS GATE 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 LARKS GATE sales were 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
2020 28 MAY	£485,000	£525,406	8% below HPI
2017 26 MAY	£442,000	£483,247	9% below HPI
1996 22 AUG	£81,000	£116,087	30% below HPI

LARKS GATE 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 LARKS GATE sales between August 1996 and May 2020 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 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might LARKS GATE be worth now?

LARKS GATE might now be worth an estimated £569,302.

This is based on house price inflation of 17.4%, between May 2020 and February 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 17.4% inflationary increase is applied to the most recent sale price for LARKS GATE of £485,000 on 28th May 2020. For the value to have increased from £485,000 to £569,302 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of LARKS GATE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The May 2020 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of LARKS GATE has not materially changed since May 2020.

How Large is LARKS GATE?

LARKS GATE is 167m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses houses in Nursling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nursling, and where LARKS GATE lies on this distribution: 94% of detached houses houses are smaller than LARKS GATE, and 6% of houses are larger. Note that EPC data is not available for all properties in Nursling.

LARKS GATE: Plot and Title Map

LARKS GATE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of LARKS GATE, 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 LARKS GATE). 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 LARKS GATE?

LARKS GATE is located on ROMSEY ROAD in NURSLING, in the SO16 postcode district. The below map shows the position of LARKS GATE on ROMSEY ROAD.