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

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.

RAVELLO is a large extended detached house of 273m², built sometime between 1991 and 1995, which could now be worth an estimated £1,047,090. It was last sold for £860,000 in December 2018, which was around 70% 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	£506,536	70% above HPI
2006 3 MAR	£784,000	£320,041	145% above HPI
1995 8 DEC	£195,000	£116,684	67% 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 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the December 2018 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might RAVELLO be worth now?

RAVELLO might now be worth an estimated £1,047,090.

This is based on house price inflation of 21.8%, between December 2018 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 21.8% inflationary increase is applied to the most recent sale price for RAVELLO of £860,000 on 7th December 2018. For the value to have increased from £860,000 to £1,047,090 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of RAVELLO has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The December 2018 sale price of £860,000 represented a fair market value for the property.
• The size, condition, and specification of RAVELLO has not materially changed since December 2018.

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 houses in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Michelmersh, and where RAVELLO lies on this distribution: 79% of detached houses houses are smaller than RAVELLO, and 21% 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 0.244 of an acre, or 986m². 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.