3, THE CAUSEWAY, ROMSEY, SO51 8HF - £361,000

3 THE CAUSEWAY is a very small detached house of 81m², built sometime before 1900. It was last sold for £361,000 in May 2016, which was around 20% below the average May 2016 detached price in the Test Valley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was G, and the potential energy rating was C.

3 THE CAUSEWAY Sold Prices

Land registry data shows three sales for 3 THE CAUSEWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. Two of the three 3 THE CAUSEWAY sales were for below the average price, whilst one was 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 5 MAY	£361,000	£450,831	20% below HPI
2014 31 JAN	£345,000	£385,148	10% below HPI
2003 9 MAY	£725,000	£305,006	138% above HPI

3 THE CAUSEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three 3 THE CAUSEWAY sales between May 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 January 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 THE CAUSEWAY?

3 THE CAUSEWAY is 81m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Romsey, based on EPC data. The below chart shows the distribution of detached houses by size in Romsey, and where 3 THE CAUSEWAY lies on this distribution: 9% of detached houses are smaller than 3 THE CAUSEWAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Romsey.

3 THE CAUSEWAY: Plot and Title Map

3 THE CAUSEWAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 THE CAUSEWAY, 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 3 THE CAUSEWAY). 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 3 THE CAUSEWAY?

3 THE CAUSEWAY is located in ROMSEY, in the SO51 postcode district. The below map shows the position of No. 3 on THE CAUSEWAY.