4, GRAYS CLOSE, ROMSEY, SO51 5PG - £215,000

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.

4 GRAYS CLOSE is a very small terraced house of 46m², built sometime between 1967 and 1975, which could now be worth an estimated £279,523. It was last sold for £215,000 in October 2016, which was around 2% below the average October 2016 terraced price in the Test Valley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

4 GRAYS CLOSE Sold Prices

Land registry data shows one sale for 4 GRAYS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Test Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 7 OCT	£215,000	£218,609	2% below HPI

What might 4 GRAYS CLOSE be worth now?

4 GRAYS CLOSE might now be worth an estimated £279,523.

This is based on house price inflation of 30%, between October 2016 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 30% inflationary increase is applied to the most recent sale price for 4 GRAYS CLOSE of £215,000 on 7th October 2016. For the value to have increased from £215,000 to £279,523 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 4 GRAYS CLOSE has moved in line with the HPI for terraced houses in the Test Valley local authority area.
• The October 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRAYS CLOSE has not materially changed since October 2016.

How Large is 4 GRAYS CLOSE?

4 GRAYS CLOSE is 46m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses in Romsey, based on EPC data. The below chart shows the distribution of terraced houses by size in Romsey, and where 4 GRAYS CLOSE lies on this distribution: 3% of terraced houses are smaller than 4 GRAYS CLOSE, and 97% of terraced houses are larger. Note that EPC data is not available for all properties in Romsey.

4 GRAYS CLOSE: Plot

4 GRAYS CLOSE sits on a plot of roughly 0.047 of an acre, or 191m².

Where is 4 GRAYS CLOSE?

4 GRAYS CLOSE is located in ROMSEY, in the SO51 postcode district.