15, ERICA CLOSE, WATERLOOVILLE, PO8 9BB - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 ERICA CLOSE is a small detached house of 91m², built sometime between 1950 and 1966. It was last sold for £370,000 in May 2021, which was around 18% below the average May 2021 detached price in the Havant local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

15 ERICA CLOSE Sold Prices

Land registry data shows four sales for 15 ERICA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the four 15 ERICA CLOSE sales were for below 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
2021 13 MAY	£370,000	£453,017	18% below HPI
2013 30 MAY	£250,000	£294,412	15% below HPI
2007 11 JAN	£274,750	£287,077	4% below HPI
2000 31 MAR	£110,000	£148,381	26% below HPI

15 ERICA CLOSE 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 four 15 ERICA CLOSE sales between March 2000 and May 2021 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 May 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 ERICA CLOSE?

15 ERICA CLOSE is 91m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 15 ERICA CLOSE lies on this distribution: 28% of detached houses are smaller than 15 ERICA CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Horndean.

15 ERICA CLOSE: Plot and Title Map

15 ERICA CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 15 ERICA CLOSE, 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 15 ERICA CLOSE). 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 15 ERICA CLOSE?

15 ERICA CLOSE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 15 on ERICA CLOSE.