11, ARMADA CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8JY - £310,000

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.

11 ARMADA CLOSE is a very small extended terraced house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £303,714. It was last sold for £310,000 in August 2022, which was around 7% above the average August 2022 terraced price in the Test Valley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

11 ARMADA CLOSE Sold Prices

Land registry data shows four sales for 11 ARMADA 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 11 ARMADA 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
2022 2 AUG	£310,000	£290,097	7% above HPI
2018 2 NOV	£260,000	£231,432	12% above HPI
2002 19 APR	£140,000	£98,610	42% above HPI
1996 29 MAR	£67,000	£50,103	34% above HPI

11 ARMADA 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 11 ARMADA CLOSE sales between March 1996 and August 2022 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 November 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 11 ARMADA CLOSE be worth now?

11 ARMADA CLOSE might now be worth an estimated £303,714.

This is based on house price deflation of 2%, between August 2022 and May 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 2% deflationary decrease is applied to the most recent sale price for 11 ARMADA CLOSE of £310,000 on 2nd August 2022. For the value to have decreased from £310,000 to £303,714 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 11 ARMADA CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The August 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ARMADA CLOSE has not materially changed since August 2022.

How Large is 11 ARMADA CLOSE?

11 ARMADA CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of terraced houses houses in Rownhams, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rownhams, and where 11 ARMADA CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 11 ARMADA CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

11 ARMADA CLOSE: Plot and Title Map

11 ARMADA CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 11 ARMADA 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 11 ARMADA 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 11 ARMADA CLOSE?

11 ARMADA CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 11 on ARMADA CLOSE.