1, RIVERMEAD CLOSE, ROMSEY, SO51 8HQ - £617,500

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.

1 RIVERMEAD CLOSE is a small terraced house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £704,471. It was last sold for £617,500 in September 2021, which was around 142% above the average September 2021 terraced price in the Test Valley local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

1 RIVERMEAD CLOSE Sold Prices

Land registry data shows two sales for 1 RIVERMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. Both of the two 1 RIVERMEAD CLOSE 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
2021 24 SEP	£617,500	£255,220	142% above HPI
2014 12 MAY	£355,000	£175,933	102% above HPI

1 RIVERMEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Test Valley local authority area over time, sourced from the HPI. The two 1 RIVERMEAD CLOSE sales from May 2014 and September 2021 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 May 2014 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the September 2021 sale, where it rises to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 1 RIVERMEAD CLOSE be worth now?

1 RIVERMEAD CLOSE might now be worth an estimated £704,471.

This is based on house price inflation of 14.1%, between September 2021 and June 2025, for terraced 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 14.1% inflationary increase is applied to the most recent sale price for 1 RIVERMEAD CLOSE of £617,500 on 24th September 2021. For the value to have increased from £617,500 to £704,471 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 1 RIVERMEAD CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The September 2021 sale price of £617,500 represented a fair market value for the property.
• The size, condition, and specification of 1 RIVERMEAD CLOSE has not materially changed since September 2021.

How Large is 1 RIVERMEAD CLOSE?

1 RIVERMEAD CLOSE is 94m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of terraced houses houses in Romsey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romsey, and where 1 RIVERMEAD CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 1 RIVERMEAD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Romsey.

1 RIVERMEAD CLOSE: Plot and Title Map

1 RIVERMEAD CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 1 RIVERMEAD CLOSE, 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 1 RIVERMEAD CLOSE). 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 1 RIVERMEAD CLOSE?

1 RIVERMEAD CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 1 on RIVERMEAD CLOSE.