RAVELLO, HACCUPS LANE, MICHELMERSH, ROMSEY, SO51 0NP - £860,000

RAVELLO is a large extended detached house of 273m², built sometime between 1991 and 1995. It was last sold for £860,000 in December 2018, which was around 69% above the average December 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was E.

RAVELLO Sold Prices

Land registry data shows three sales for RAVELLO 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 RAVELLO 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
2018 7 DEC	£860,000	£509,876	69% above HPI
2006 3 MAR	£784,000	£322,151	143% above HPI
1995 8 DEC	£195,000	£117,454	66% above HPI

RAVELLO 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 RAVELLO sales between December 1995 and December 2018 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 March 2006 sale was for 143% above the HPI. So the extrapolation line tracks at 143% above the HPI over time, until the December 2018 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is RAVELLO?

RAVELLO is 273m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses by size in Michelmersh, and where RAVELLO lies on this distribution: 80% of detached houses are smaller than RAVELLO, and 20% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

RAVELLO: Plot and Title Map

RAVELLO sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of RAVELLO, 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 RAVELLO). 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 RAVELLO?

RAVELLO is located on HACCUPS LANE in MICHELMERSH, in the SO51 postcode district. The below map shows the position of RAVELLO on HACCUPS LANE.