ROMAN WAY, TANFIELD LANE, WICKHAM, FAREHAM, PO17 5NN - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ROMAN WAY is a small extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £420,000 in November 2006, which was around 1% below the average November 2006 detached price in the Winchester local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

ROMAN WAY Sold Prices

Land registry data shows three sales for ROMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three ROMAN WAY 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
2006 9 NOV	£420,000	£423,306	1% below HPI
2004 18 OCT	£360,000	£395,194	9% below HPI
2004 31 MAR	£310,000	£378,801	18% below HPI

ROMAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The three ROMAN WAY sales between March 2004 and November 2006 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 October 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2006 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is ROMAN WAY?

ROMAN WAY is 120m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Wickham, based on EPC data. The below chart shows the distribution of detached houses by size in Wickham, and where ROMAN WAY lies on this distribution: 32% of detached houses are smaller than ROMAN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Wickham.

ROMAN WAY: Plot and Title Map

ROMAN WAY sits on a plot of roughly 0.227 of an acre, or 920m². The below map shows the location of ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

ROMAN WAY is located on TANFIELD LANE in WICKHAM, in the PO17 postcode district. The below map shows the position of ROMAN WAY on TANFIELD LANE.