2, WARD ROAD, SOUTHSEA, PO4 9PA - £325,000

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.

2 WARD ROAD is a very small extended detached house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £322,336. It was last sold for £325,000 in October 2024, which was around 38% below the average October 2024 detached price in the Portsmouth local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

2 WARD ROAD Sold Prices

Land registry data shows three sales for 2 WARD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the three 2 WARD 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
2024 4 OCT	£325,000	£520,314	38% below HPI
1996 29 FEB	£59,850	£98,391	39% below HPI
1995 26 MAY	£63,500	£95,344	33% below HPI

2 WARD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 2 WARD ROAD sales between May 1995 and October 2024 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 February 1996 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2024 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 WARD ROAD be worth now?

2 WARD ROAD might now be worth an estimated £322,336.

This is based on house price deflation of 0.8%, between October 2024 and February 2025, for detached houses, in the Portsmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 2 WARD ROAD of £325,000 on 4th October 2024. For the value to have decreased from £325,000 to £322,336 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WARD ROAD has moved in line with the HPI for detached houses in the Portsmouth local authority area.
• The October 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WARD ROAD has not materially changed since October 2024.

How Large is 2 WARD ROAD?

2 WARD ROAD is 68m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 2 WARD ROAD lies on this distribution: 7% of detached houses houses are smaller than 2 WARD ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

2 WARD ROAD: Plot and Title Map

2 WARD ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 2 WARD 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 2 WARD 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 2 WARD ROAD?

2 WARD ROAD is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 2 on WARD ROAD.