10, GRAYS CLOSE, ROMSEY, SO51 5PG - £210,000

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.

10 GRAYS CLOSE is a very small terraced house of 45m², built sometime between 1967 and 1975, which could now be worth an estimated £290,896. It was last sold for £210,000 in May 2016, which was around 1% above the average May 2016 terraced price in the Test Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

10 GRAYS CLOSE Sold Prices

Land registry data shows four sales for 10 GRAYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. All of the four 10 GRAYS 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
2016 3 MAY	£210,000	£207,398	1% above HPI
2007 30 MAY	£195,000	£177,266	10% above HPI
2005 1 SEP	£160,000	£152,896	5% above HPI
2003 7 FEB	£128,000	£121,279	6% above HPI

10 GRAYS 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 four 10 GRAYS CLOSE sales between February 2003 and May 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 May 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 10 GRAYS CLOSE be worth now?

10 GRAYS CLOSE might now be worth an estimated £290,896.

This is based on house price inflation of 38.5%, between May 2016 and April 2026, 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 38.5% inflationary increase is applied to the most recent sale price for 10 GRAYS CLOSE of £210,000 on 3rd May 2016. For the value to have increased from £210,000 to £290,896 over the ten years and one month to April 2026, the following assumptions must hold true:

• The value of 10 GRAYS CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The May 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GRAYS CLOSE has not materially changed since May 2016.

How Large is 10 GRAYS CLOSE?

10 GRAYS CLOSE is 45m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 10 GRAYS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 10 GRAYS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Romsey.

10 GRAYS CLOSE: Plot and Title Map

10 GRAYS CLOSE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 10 GRAYS 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 10 GRAYS 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 10 GRAYS CLOSE?

10 GRAYS CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 10 on GRAYS CLOSE.