1, Richmond Lane
1, Richmond Lane
Description & Estimates
Public records show 1, Richmond Lane, Romsey to be a mid-century freehold house with 1,829 ft2 of internal area, sitting on a 877 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Richmond Lane, Romsey has an estimated sale value of £547,671 and an estimated rental value of £1,967 per month, assuming reasonable condition and based on the information available.
Richmond Lane, Romsey, SO51 lies in the borough of Test Valley, within the SO51 postal district.
Our Data Sources
1, Richmond Lane, Romsey has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated October 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Richmond Lane, Romsey would be worth £575,055, with a potential rental value of £2,065 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £509,334, with a rental value of £1,829 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Richmond Lane, Romsey has moved down by £8,668 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £86 (4.4%). The property's estimated gross yield is currently 4.3%.
Plot Size
1, Richmond Lane, Romsey occupies a 877 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 16 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Richmond Lane, Romsey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Richmond Lane, Romsey last changed hands on 23rd April 2013, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.6% since April 2013.
- Sold Apr 2013£350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 1, Richmond Lane, Romsey across the last 2 years.
Most recently, 57, Woodley Lane, Romsey, SO51 7JR, a freehold house, sold at £520,000 on the 29th April 2022.
Read more about house prices in SO51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Richmond Lane, Romsey as the 5th largest and the 17th most expensive of the 27 addresses on Richmond Lane, Romsey, SO51.
Against the SO51 postcode district average, it is £56k more expensive than the typical property.
More reading links
Schools Nearby
- 300mCupernham Junior School
- 300mCupernham Infant School
- 700mRomsey Primary School & Nursery
- 1.4kmThe Romsey School
- 2.1kmThe Mountbatten School
- 7.5kmOasis Academy Lord's Hill
More reading links
Public Transport Nearby
Romsey station is the nearest stop to 1, Richmond Lane, Romsey at 1.1 kilometres away.
- 1.1kmRomsey
- 5.8kmMottisfont & Dunbridge
- 7.2kmChandlers Ford
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
