THE HEDGES, CHAPEL LANE, TIMSBURY, ROMSEY, SO51 0NW - £650,000

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

THE HEDGES is a very small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £650,000 in July 2023, which was around 5% above the average July 2023 detached price in the Test Valley local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

THE HEDGES Sold Prices

Land registry data shows two sales for THE HEDGES 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 THE HEDGES 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
2023 14 JUL	£650,000	£620,952	5% above HPI
2020 27 AUG	£710,000	£518,250	37% above HPI

THE HEDGES 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 THE HEDGES sales from August 2020 and July 2023 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 2020 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the July 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE HEDGES?

THE HEDGES is 117m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 THE HEDGES lies on this distribution: 9% of detached houses are smaller than THE HEDGES, and 91% of houses are larger. Note that EPC data is not available for all properties in Michelmersh.

THE HEDGES: Plot and Title Map

THE HEDGES sits on a plot of roughly 0.755 of an acre, or 3,056m². The below map shows the location of THE HEDGES, 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 HEDGES). 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 HEDGES?

THE HEDGES is located on CHAPEL LANE in TIMSBURY, in the SO51 postcode district. The below map shows the position of THE HEDGES on CHAPEL LANE.