MERRIDALE, HAMDOWN CRESCENT, EAST WELLOW, ROMSEY, SO51 6BJ - £725,000

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.

MERRIDALE is a very small extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £835,012. It was last sold for £725,000 in June 2021, which was around 35% above the average June 2021 detached price in the Test Valley local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

MERRIDALE Sold Prices

Land registry data shows two sales for MERRIDALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Both of the two MERRIDALE 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
2021 24 JUN	£725,000	£535,477	35% above HPI
2012 22 NOV	£415,000	£364,690	14% above HPI

MERRIDALE 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 two MERRIDALE sales from November 2012 and June 2021 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 November 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might MERRIDALE be worth now?

MERRIDALE might now be worth an estimated £835,012.

This is based on house price inflation of 15.2%, between June 2021 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 15.2% inflationary increase is applied to the most recent sale price for MERRIDALE of £725,000 on 24th June 2021. For the value to have increased from £725,000 to £835,012 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of MERRIDALE has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The June 2021 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of MERRIDALE has not materially changed since June 2021.

How Large is MERRIDALE?

MERRIDALE is 105m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses houses in East Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Wellow, and where MERRIDALE lies on this distribution: 18% of detached houses houses are smaller than MERRIDALE, and 82% of houses are larger. Note that EPC data is not available for all properties in East Wellow.

MERRIDALE: Plot and Title Map

MERRIDALE sits on a plot of roughly 0.343 of an acre, or 1,389m². The below map shows the location of MERRIDALE, 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 MERRIDALE). 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 MERRIDALE?

MERRIDALE is located on HAMDOWN CRESCENT in EAST WELLOW, in the SO51 postcode district. The below map shows the position of MERRIDALE on HAMDOWN CRESCENT.