19, TATE CLOSE, ROMSEY, SO51 0BE - £295,000

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.

19 TATE CLOSE is a very small terraced house of 75m², which could now be worth an estimated £359,789. It was last sold for £295,000 in November 2019, which was around 25% above the average November 2019 terraced price in the Test Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was A.

19 TATE CLOSE Sold Prices

Land registry data shows two sales for 19 TATE 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 19 TATE 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
2019 6 NOV	£295,000	£235,602	25% above HPI
2015 1 MAY	£270,000	£192,489	40% above HPI

19 TATE 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 19 TATE CLOSE sales from May 2015 and November 2019 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 2015 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2019 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 19 TATE CLOSE be worth now?

19 TATE CLOSE might now be worth an estimated £359,789.

This is based on house price inflation of 22%, between November 2019 and March 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 22% inflationary increase is applied to the most recent sale price for 19 TATE CLOSE of £295,000 on 6th November 2019. For the value to have increased from £295,000 to £359,789 over the seven years and eight months to March 2026, the following assumptions must hold true:

• The value of 19 TATE CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The November 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 19 TATE CLOSE has not materially changed since November 2019.

How Large is 19 TATE CLOSE?

19 TATE CLOSE is 75m² according to the EPC inspection conducted in August 2014. 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 19 TATE CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 19 TATE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Romsey.

19 TATE CLOSE: Plot and Title Map

19 TATE CLOSE sits on a plot of roughly 0.028 of an acre, or 113m². The below map shows the location of 19 TATE 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 19 TATE 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 19 TATE CLOSE?

19 TATE CLOSE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 19 on TATE CLOSE.