THE OLD STABLES, LOVE LANE, ROMSEY, SO51 8DD - £489,500

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 OLD STABLES is a large extended detached house of 151m², built sometime before 1900. It was last sold for £489,500 in April 2012, which was around 40% above the average April 2012 detached price in the Test Valley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was E.

THE OLD STABLES Sold Prices

Land registry data shows three sales for THE OLD STABLES 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 THE OLD STABLES 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
2012 13 APR	£489,500	£348,628	40% above HPI
2006 28 JUL	£390,000	£332,319	17% above HPI
1996 28 JUN	£100,000	£117,307	15% below HPI

THE OLD STABLES 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 THE OLD STABLES sales between June 1996 and April 2012 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 July 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might THE OLD STABLES be worth now?

THE OLD STABLES might now be worth an estimated £857,143.

This is based on house price inflation of 75.1%, between April 2012 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 75.1% inflationary increase is applied to the most recent sale price for THE OLD STABLES of £489,500 on 13th April 2012. For the value to have increased from £489,500 to £857,143 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of THE OLD STABLES has moved in line with the HPI for detached houses in the Test Valley local authority area.
• The April 2012 sale price of £489,500 represented a fair market value for the property.
• The size, condition, and specification of THE OLD STABLES has not materially changed since April 2012.

How Large is THE OLD STABLES?

THE OLD STABLES is 151m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 30% 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 THE OLD STABLES lies on this distribution: 74% of detached houses houses are smaller than THE OLD STABLES, and 26% of houses are larger. Note that EPC data is not available for all properties in Romsey.

THE OLD STABLES: Plot and Title Map

THE OLD STABLES sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of THE OLD STABLES, 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 OLD STABLES). 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 OLD STABLES?

THE OLD STABLES is located on LOVE LANE in ROMSEY, in the SO51 postcode district. The below map shows the position of THE OLD STABLES on LOVE LANE.