16, SPRING VALE, WATERLOOVILLE, PO8 9DA - £376,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 SPRING VALE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £376,000 in November 2023, which was around 25% below the average November 2023 detached price in the Havant local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

16 SPRING VALE Sold Prices

Land registry data shows two sales for 16 SPRING VALE 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 SPRING VALE 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
2023 2 NOV	£376,000	£498,433	25% below HPI
2002 4 OCT	£198,000	£217,704	9% below HPI

16 SPRING VALE 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 SPRING VALE sales from October 2002 and November 2023 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 October 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 SPRING VALE?

16 SPRING VALE is 82m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 16 SPRING VALE lies on this distribution: 18% of detached houses are smaller than 16 SPRING VALE, and 81% of houses are larger. Note that EPC data is not available for all properties in Horndean.

16 SPRING VALE: Plot and Title Map

16 SPRING VALE sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of 16 SPRING VALE, 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 SPRING VALE). 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 SPRING VALE?

16 SPRING VALE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 16 on SPRING VALE.