24, FAIRVIEW DRIVE, ROMSEY, SO51 7LR - £317,500

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.

24 FAIRVIEW DRIVE is a very small extended terraced house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £311,243. It was last sold for £317,500 in November 2023, which was around 10% above the average November 2023 terraced price in the Test Valley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

24 FAIRVIEW DRIVE Sold Prices

Land registry data shows six sales for 24 FAIRVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. Most of the six 24 FAIRVIEW DRIVE 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
2023 6 NOV	£317,500	£289,929	10% above HPI
2021 9 APR	£272,000	£248,568	9% above HPI
2017 9 MAY	£249,950	£220,728	13% above HPI
2011 28 JAN	£190,000	£168,810	13% above HPI
2006 9 JUN	£170,000	£159,379	7% above HPI
1995 19 JUL	£46,000	£49,736	8% below HPI

24 FAIRVIEW DRIVE 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 six 24 FAIRVIEW DRIVE sales between July 1995 and November 2023 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 April 2021 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 24 FAIRVIEW DRIVE be worth now?

24 FAIRVIEW DRIVE might now be worth an estimated £311,243.

This is based on house price deflation of 2%, between November 2023 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 24 FAIRVIEW DRIVE of £317,500 on 6th November 2023. For the value to have decreased from £317,500 to £311,243 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 24 FAIRVIEW DRIVE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The November 2023 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 24 FAIRVIEW DRIVE has not materially changed since November 2023.

How Large is 24 FAIRVIEW DRIVE?

24 FAIRVIEW DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 24 FAIRVIEW DRIVE lies on this distribution: 18% of terraced houses houses are smaller than 24 FAIRVIEW DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Romsey.

24 FAIRVIEW DRIVE: Plot and Title Map

24 FAIRVIEW DRIVE sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 24 FAIRVIEW DRIVE, 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 FAIRVIEW DRIVE). 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 FAIRVIEW DRIVE?

24 FAIRVIEW DRIVE is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 24 on FAIRVIEW DRIVE.