THE BUNGALOW, ROMAN ROAD, HARDLEY, SOUTHAMPTON, SO45 3NN - £325,000

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

THE BUNGALOW is a very large detached house of 161m², built sometime between 1900 and 1929, which could now be worth an estimated £424,874. It was last sold for £325,000 in January 2016, which was around 27% below the average January 2016 detached price in the New Forest local authority area. The most recent EPC inspection was December 2023, where the current energy rating was E, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two THE BUNGALOW 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
2016 15 JAN	£325,000	£445,716	27% below HPI
2013 8 MAR	£250,000	£370,480	33% below HPI

THE BUNGALOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two THE BUNGALOW sales from March 2013 and January 2016 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 March 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £424,874.

This is based on house price inflation of 30.7%, between January 2016 and December 2024, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.7% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £325,000 on 15th January 2016. For the value to have increased from £325,000 to £424,874 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the New Forest local authority area.
• The January 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since January 2016.

How Large is THE BUNGALOW?

THE BUNGALOW is 161m² according to the EPC inspection conducted in December 2023. This puts it in the largest 10% of detached houses houses in Hardley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hardley, and where THE BUNGALOW lies on this distribution: 96% of detached houses houses are smaller than THE BUNGALOW, and 4% of houses are larger. Note that EPC data is not available for all properties in Hardley.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on ROMAN ROAD in HARDLEY, in the SO45 postcode district. The below map shows the position of THE BUNGALOW on ROMAN ROAD.