THE OAKS, ROWNHAMS LANE, ROWNHAMS, SOUTHAMPTON, SO16 8AR - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE OAKS is a very large extended detached house of 194m², built sometime between 1991 and 1995. It was last sold for £600,000 in June 2016, which was around 35% above the average June 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS 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 OAKS 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
2016 17 JUN	£600,000	£444,452	35% above HPI
1996 28 JUN	£210,000	£118,080	78% above HPI

THE OAKS 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 OAKS sales from June 1996 and June 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 June 1996 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the June 2016 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is THE OAKS?

THE OAKS is 194m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 10% of detached houses in Rownhams, based on EPC data. The below chart shows the distribution of detached houses by size in Rownhams, and where THE OAKS lies on this distribution: 94% of detached houses are smaller than THE OAKS, and 6% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

THE OAKS is located on ROWNHAMS LANE in ROWNHAMS, in the SO16 postcode district. The below map shows the position of THE OAKS on ROWNHAMS LANE.