23, SPRING VALE, WATERLOOVILLE, PO8 9DA - £419,500

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 SPRING VALE is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £508,251. It was last sold for £419,500 in December 2019, which was around 2% below the average December 2019 detached price in the Havant local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

23 SPRING VALE Sold Prices

Land registry data shows two sales for 23 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 23 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
2019 16 DEC	£419,500	£429,953	2% below HPI
1999 16 APR	£105,000	£126,129	17% below HPI

23 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 23 SPRING VALE sales from April 1999 and December 2019 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 April 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 23 SPRING VALE be worth now?

23 SPRING VALE might now be worth an estimated £508,251.

This is based on house price inflation of 21.2%, between December 2019 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 21.2% inflationary increase is applied to the most recent sale price for 23 SPRING VALE of £419,500 on 16th December 2019. For the value to have increased from £419,500 to £508,251 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 SPRING VALE has moved in line with the HPI for detached houses in the Havant local authority area.
• The December 2019 sale price of £419,500 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRING VALE has not materially changed since December 2019.

How Large is 23 SPRING VALE?

23 SPRING VALE is 114m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horndean, and where 23 SPRING VALE lies on this distribution: 51% of detached houses houses are smaller than 23 SPRING VALE, and 48% of houses are larger. Note that EPC data is not available for all properties in Horndean.

23 SPRING VALE: Plot and Title Map

23 SPRING VALE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 23 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 23 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 23 SPRING VALE?

23 SPRING VALE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 23 on SPRING VALE.