MAALI, JUBILEE ROAD, ROMSEY, SO51 8FU - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MAALI is a large extended detached house of 136m², built sometime between 1930 and 1949, which could now be worth an estimated £548,888. It was last sold for £430,000 in January 2017, which was around 10% below the average January 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

MAALI Sold Prices

Land registry data shows three sales for MAALI 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 MAALI 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
2017 16 JAN	£430,000	£478,242	10% below HPI
2006 26 MAY	£323,000	£330,682	2% below HPI
1996 26 JUL	£74,500	£115,410	35% below HPI

MAALI 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 MAALI sales between July 1996 and January 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might MAALI be worth now?

MAALI might now be worth an estimated £548,888.

This is based on house price inflation of 27.6%, between January 2017 and December 2024, 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 27.6% inflationary increase is applied to the most recent sale price for MAALI of £430,000 on 16th January 2017. For the value to have increased from £430,000 to £548,888 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of MAALI has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The January 2017 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of MAALI has not materially changed since January 2017.

How Large is MAALI?

MAALI is 136m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% 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 MAALI lies on this distribution: 64% of detached houses houses are smaller than MAALI, and 36% of houses are larger. Note that EPC data is not available for all properties in Romsey.

MAALI: Plot and Title Map

MAALI sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of MAALI, 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 MAALI). 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 MAALI?

MAALI is located on JUBILEE ROAD in ROMSEY, in the SO51 postcode district. The below map shows the position of MAALI on JUBILEE ROAD.