15, REDWOOD GROVE, HAVANT, PO9 5TN - £125,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 REDWOOD GROVE is a small semi-detached house of 98m², built sometime between 1996 and 2002. It was last sold for £125,000 in October 2002, which was around 5% below the average October 2002 semi-detached price in the Havant local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

15 REDWOOD GROVE Sold Prices

Land registry data shows two sales for 15 REDWOOD GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havant local authority area for the corresponding sale date. One of the two 15 REDWOOD GROVE sales was for below the average price, whilst the other 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
2002 2 OCT	£125,000	£131,828	5% below HPI
1995 8 DEC	£59,950	£57,853	4% above HPI

15 REDWOOD GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havant local authority area over time, sourced from the HPI. The two 15 REDWOOD GROVE sales from December 1995 and October 2002 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 December 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2002 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 15 REDWOOD GROVE be worth now?

15 REDWOOD GROVE might now be worth an estimated £320,190.

This is based on house price inflation of 156.2%, between October 2002 and December 2024, for semi-detached houses, in the Havant local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 156.2% inflationary increase is applied to the most recent sale price for 15 REDWOOD GROVE of £125,000 on 2nd October 2002. For the value to have increased from £125,000 to £320,190 over the 21 years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 REDWOOD GROVE has moved in line with the HPI for semi-detached houses in the Havant local authority area.
• The October 2002 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDWOOD GROVE has not materially changed since October 2002.

How Large is 15 REDWOOD GROVE?

15 REDWOOD GROVE is 98m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of semi-detached houses houses in Havant, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Havant, and where 15 REDWOOD GROVE lies on this distribution: 27% of semi-detached houses houses are smaller than 15 REDWOOD GROVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Havant.

15 REDWOOD GROVE: Plot and Title Map

15 REDWOOD GROVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 15 REDWOOD GROVE, 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 REDWOOD GROVE). 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 REDWOOD GROVE?

15 REDWOOD GROVE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 15 on REDWOOD GROVE.