2A, NEW CUT, HAYLING ISLAND, PO11 0NB - £352,000

2A NEW CUT is a very small detached house of 94m², built sometime between 2003 and 2006. It was last sold for £352,000 in October 2008, which was around 24% above the average October 2008 detached price in the Havant local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

2A NEW CUT Sold Prices

Land registry data shows two sales for 2A NEW CUT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 2A NEW CUT 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
2008 14 OCT	£352,000	£283,599	24% above HPI
2007 3 APR	£348,500	£286,216	22% above HPI

2A NEW CUT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 2A NEW CUT sales from April 2007 and October 2008 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 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2008 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2A NEW CUT?

2A NEW CUT is 94m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 20% of detached houses in Stoke, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke, and where 2A NEW CUT lies on this distribution: 19% of detached houses are smaller than 2A NEW CUT, and 81% of houses are larger. Note that EPC data is not available for all properties in Stoke.

2A NEW CUT: Plot and Title Map

2A NEW CUT sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 2A NEW CUT, 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 2A NEW CUT). 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 2A NEW CUT?

2A NEW CUT is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 2A on NEW CUT.