PINE HAVEN, THE CRESCENT, ROMSEY, SO51 7NG - £375,000

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

PINE HAVEN is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £375,000 in October 2014, which was around 9% below the average October 2014 detached price in the Test Valley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was E.

PINE HAVEN Sold Prices

Land registry data shows two sales for PINE HAVEN 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 PINE HAVEN 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
2014 22 OCT	£375,000	£410,222	9% below HPI
2012 6 JUL	£330,000	£374,109	12% below HPI

PINE HAVEN 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 PINE HAVEN sales from July 2012 and October 2014 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 July 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might PINE HAVEN be worth now?

PINE HAVEN might now be worth an estimated £558,053.

This is based on house price inflation of 48.8%, between October 2014 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 48.8% inflationary increase is applied to the most recent sale price for PINE HAVEN of £375,000 on 22nd October 2014. For the value to have increased from £375,000 to £558,053 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of PINE HAVEN has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The October 2014 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of PINE HAVEN has not materially changed since October 2014.

How Large is PINE HAVEN?

PINE HAVEN is 61m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 PINE HAVEN lies on this distribution: 1% of detached houses houses are smaller than PINE HAVEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Romsey.

PINE HAVEN: Plot and Title Map

PINE HAVEN sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of PINE HAVEN, 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 PINE HAVEN). 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 PINE HAVEN?

PINE HAVEN is located on THE CRESCENT in ROMSEY, in the SO51 postcode district. The below map shows the position of PINE HAVEN on THE CRESCENT.