ROSEBANK, BRAISHFIELD ROAD, ROMSEY, SO51 7NZ - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ROSEBANK is a very large detached house of 209m², built sometime between 1996 and 2002. It was last sold for £750,000 in February 2017, which was around 56% above the average February 2017 detached price in the Test Valley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

ROSEBANK Sold Prices

Land registry data shows four sales for ROSEBANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. two of the four ROSEBANK sales were for above the average price, and four 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
2017 22 FEB	£750,000	£481,722	56% above HPI
2006 28 APR	£500,000	£325,143	54% above HPI
2000 19 MAY	£185,000	£196,387	6% below HPI
1999 18 JUN	£145,100	£162,427	11% below HPI

ROSEBANK 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 four ROSEBANK sales between June 1999 and February 2017 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 April 2006 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2017 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might ROSEBANK be worth now?

ROSEBANK might now be worth an estimated £950,447.

This is based on house price inflation of 26.7%, between February 2017 and December 2024, 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 26.7% inflationary increase is applied to the most recent sale price for ROSEBANK of £750,000 on 22nd February 2017. For the value to have increased from £750,000 to £950,447 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of ROSEBANK has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The February 2017 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEBANK has not materially changed since February 2017.

How Large is ROSEBANK?

ROSEBANK is 209m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Romsey, and where ROSEBANK lies on this distribution: 92% of detached houses houses are smaller than ROSEBANK, and 8% of houses are larger. Note that EPC data is not available for all properties in Romsey.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.336 of an acre, or 1,358m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on BRAISHFIELD ROAD in ROMSEY, in the SO51 postcode district. The below map shows the position of ROSEBANK on BRAISHFIELD ROAD.