SHOHOLA, THE CRESCENT, ROMSEY, SO51 7NG - £501,000

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.

SHOHOLA is a midsized extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £694,238. It was last sold for £501,000 in November 2015, which was around 13% above the average November 2015 detached price in the Test Valley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

SHOHOLA Sold Prices

Land registry data shows three sales for SHOHOLA 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. Two of the three SHOHOLA sales were for above the average price, whilst one was 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
2015 6 NOV	£501,000	£445,067	13% above HPI
2006 31 AUG	£325,000	£335,478	3% below HPI
2003 10 NOV	£350,000	£302,373	16% above HPI

SHOHOLA 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 SHOHOLA sales between November 2003 and November 2015 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 August 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might SHOHOLA be worth now?

SHOHOLA might now be worth an estimated £694,238.

This is based on house price inflation of 38.6%, between November 2015 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 38.6% inflationary increase is applied to the most recent sale price for SHOHOLA of £501,000 on 6th November 2015. For the value to have increased from £501,000 to £694,238 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of SHOHOLA has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The November 2015 sale price of £501,000 represented a fair market value for the property.
• The size, condition, and specification of SHOHOLA has not materially changed since November 2015.

How Large is SHOHOLA?

SHOHOLA is 127m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 SHOHOLA lies on this distribution: 55% of detached houses houses are smaller than SHOHOLA, and 44% of houses are larger. Note that EPC data is not available for all properties in Romsey.

SHOHOLA: Plot and Title Map

SHOHOLA sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of SHOHOLA, 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 SHOHOLA). 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 SHOHOLA?

SHOHOLA is located on THE CRESCENT in ROMSEY, in the SO51 postcode district. The below map shows the position of SHOHOLA on THE CRESCENT.