RIDGEMOUNT, HACCUPS LANE, MICHELMERSH, ROMSEY, SO51 0NP - £1,450,000

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.

RIDGEMOUNT is a very large extended detached house of 611m², built sometime from 2007 onwards, which could now be worth an estimated £2,518,085. It was last sold for £1,450,000 in March 2013, which was around 308% above the average March 2013 detached price in the Test Valley local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was E.

RIDGEMOUNT Sold Prices

Land registry data shows two sales for RIDGEMOUNT 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 RIDGEMOUNT 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
2013 7 MAR	£1,450,000	£355,135	308% above HPI
2007 27 JUL	£625,000	£371,465	68% above HPI

RIDGEMOUNT 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 RIDGEMOUNT sales from July 2007 and March 2013 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 2007 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the March 2013 sale, where it rises to 308% above the HPI. The line then continues to track at 308% above the HPI.

What might RIDGEMOUNT be worth now?

RIDGEMOUNT might now be worth an estimated £2,518,085.

This is based on house price inflation of 73.7%, between March 2013 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 73.7% inflationary increase is applied to the most recent sale price for RIDGEMOUNT of £1,450,000 on 7th March 2013. For the value to have increased from £1,450,000 to £2,518,085 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of RIDGEMOUNT has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The March 2013 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGEMOUNT has not materially changed since March 2013.

How Large is RIDGEMOUNT?

RIDGEMOUNT is 611m², which includes four extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 10% 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 RIDGEMOUNT lies on this distribution: 98% of detached houses houses are smaller than RIDGEMOUNT, and 2% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

RIDGEMOUNT: Plot and Title Map

RIDGEMOUNT sits on a plot of roughly 0.761 of an acre, or 3,079m². The below map shows the location of RIDGEMOUNT, 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 RIDGEMOUNT). 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 RIDGEMOUNT?

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