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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LARKS GATE is a very large extended detached house of 167m², built sometime between 1930 and 1949. 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	£528,870	8% below HPI
2017 26 MAY	£442,000	£486,433	9% below HPI
1996 22 AUG	£81,000	£116,853	31% 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.

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 in Nursling, based on EPC data. The below chart shows the distribution of detached houses by size in Nursling, and where LARKS GATE lies on this distribution: 94% of detached 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.