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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RIDGEMOUNT is a very large extended detached house of 611m², built sometime from 2007 onwards. It was last sold for £1,450,000 in March 2013, which was around 306% 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	£357,477	306% above HPI
2007 27 JUL	£625,000	£373,914	67% 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 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2013 sale, where it rises to 306% above the HPI. The line then continues to track at 306% above the HPI.

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 in Michelmersh, based on EPC data. The below chart shows the distribution of detached houses by size in Michelmersh, and where RIDGEMOUNT lies on this distribution: 98% of detached 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.