16, PARK ROAD, HAYLING ISLAND, PO11 0HU - £440,000

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.

16 PARK ROAD is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £497,662. It was last sold for £440,000 in November 2020, which was around 4% below the average November 2020 detached price in the Havant local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

16 PARK ROAD Sold Prices

Land registry data shows two sales for 16 PARK ROAD 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 16 PARK ROAD 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
2020 26 NOV	£440,000	£460,559	4% below HPI
2010 1 JUN	£280,000	£295,487	5% below HPI

16 PARK ROAD 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 16 PARK ROAD sales from June 2010 and November 2020 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 June 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 16 PARK ROAD be worth now?

16 PARK ROAD might now be worth an estimated £497,662.

This is based on house price inflation of 13.1%, between November 2020 and February 2025, for 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 13.1% inflationary increase is applied to the most recent sale price for 16 PARK ROAD of £440,000 on 26th November 2020. For the value to have increased from £440,000 to £497,662 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 PARK ROAD has moved in line with the HPI for detached houses in the Havant local authority area.
• The November 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK ROAD has not materially changed since November 2020.

How Large is 16 PARK ROAD?

16 PARK ROAD is 81m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Hayling, and where 16 PARK ROAD lies on this distribution: 22% of detached houses houses are smaller than 16 PARK ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

16 PARK ROAD: Plot and Title Map

16 PARK ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 16 PARK ROAD, 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 16 PARK ROAD). 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 16 PARK ROAD?

16 PARK ROAD is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 16 on PARK ROAD.