24, ARMADA CLOSE, ROWNHAMS, SOUTHAMPTON, SO16 8JY - £429,950

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.

24 ARMADA CLOSE is a small semi-detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £423,010. It was last sold for £429,950 in September 2022, which was around 18% above the average September 2022 semi-detached price in the Test Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

24 ARMADA CLOSE Sold Prices

Land registry data shows five sales for 24 ARMADA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Test Valley local authority area for the corresponding sale date. All of the five 24 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 23 SEP	£429,950	£365,166	18% above HPI
2017 30 JUN	£368,000	£283,148	30% above HPI
2009 31 JUL	£256,000	£191,615	34% above HPI
2005 4 FEB	£207,000	£185,796	11% above HPI
1999 15 OCT	£105,264	£94,542	11% above HPI

24 ARMADA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Test Valley local authority area over time, sourced from the HPI. The five 24 ARMADA CLOSE sales between October 1999 and September 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 June 2017 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 24 ARMADA CLOSE be worth now?

24 ARMADA CLOSE might now be worth an estimated £423,010.

This is based on house price deflation of 1.6%, between September 2022 and May 2026, for semi-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 1.6% deflationary decrease is applied to the most recent sale price for 24 ARMADA CLOSE of £429,950 on 23rd September 2022. For the value to have decreased from £429,950 to £423,010 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 24 ARMADA CLOSE has moved in line with the HPI for semi-detached houses in the Test Valley local authority area.
• The September 2022 sale price of £429,950 represented a fair market value for the property.
• The size, condition, and specification of 24 ARMADA CLOSE has not materially changed since September 2022.

How Large is 24 ARMADA CLOSE?

24 ARMADA CLOSE is 112m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% of semi-detached houses houses in Rownhams, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rownhams, and where 24 ARMADA CLOSE lies on this distribution: 35% of semi-detached houses houses are smaller than 24 ARMADA CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Rownhams.

24 ARMADA CLOSE: Plot and Title Map

24 ARMADA CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 24 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 24 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 24 ARMADA CLOSE?

24 ARMADA CLOSE is located in ROWNHAMS, in the SO16 postcode district. The below map shows the position of No. 24 on ARMADA CLOSE.