23, OAKWOOD ROAD, HAYLING ISLAND, PO11 9AY - £335,000

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.

23 OAKWOOD ROAD is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £390,707. It was last sold for £335,000 in October 2020, which was around 25% below the average October 2020 detached price in the Havant local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

23 OAKWOOD ROAD Sold Prices

Land registry data shows four sales for 23 OAKWOOD ROAD 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 23 OAKWOOD 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 8 OCT	£335,000	£446,643	25% below HPI
2014 17 JUL	£245,000	£338,282	28% below HPI
2005 12 JAN	£239,995	£281,383	15% below HPI
2002 15 MAR	£135,000	£196,081	31% below HPI

23 OAKWOOD 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 four 23 OAKWOOD ROAD sales between March 2002 and October 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 July 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 23 OAKWOOD ROAD be worth now?

23 OAKWOOD ROAD might now be worth an estimated £390,707.

This is based on house price inflation of 16.6%, between October 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 16.6% inflationary increase is applied to the most recent sale price for 23 OAKWOOD ROAD of £335,000 on 8th October 2020. For the value to have increased from £335,000 to £390,707 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 23 OAKWOOD ROAD has moved in line with the HPI for detached houses in the Havant local authority area.
• The October 2020 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 23 OAKWOOD ROAD has not materially changed since October 2020.

How Large is 23 OAKWOOD ROAD?

23 OAKWOOD ROAD is 52m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 23 OAKWOOD ROAD lies on this distribution: 2% of detached houses houses are smaller than 23 OAKWOOD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

23 OAKWOOD ROAD: Plot and Title Map

23 OAKWOOD ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 23 OAKWOOD 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 23 OAKWOOD 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 23 OAKWOOD ROAD?

23 OAKWOOD ROAD is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 23 on OAKWOOD ROAD.