24, MARGARET CLOSE, WATERLOOVILLE, PO7 6BD - £378,000

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.

24 MARGARET CLOSE is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £416,299. It was last sold for £378,000 in June 2021, which was around 20% below the average June 2021 detached price in the Havant local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

24 MARGARET CLOSE Sold Prices

Land registry data shows two sales for 24 MARGARET CLOSE 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 24 MARGARET CLOSE 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
2021 30 JUN	£378,000	£472,992	20% below HPI
2019 29 NOV	£295,000	£428,950	31% below HPI

24 MARGARET CLOSE 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 24 MARGARET CLOSE sales from November 2019 and June 2021 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 November 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 MARGARET CLOSE be worth now?

24 MARGARET CLOSE might now be worth an estimated £416,299.

This is based on house price inflation of 10.1%, between June 2021 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 10.1% inflationary increase is applied to the most recent sale price for 24 MARGARET CLOSE of £378,000 on 30th June 2021. For the value to have increased from £378,000 to £416,299 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 24 MARGARET CLOSE has moved in line with the HPI for detached houses in the Havant local authority area.
• The June 2021 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MARGARET CLOSE has not materially changed since June 2021.

How Large is 24 MARGARET CLOSE?

24 MARGARET CLOSE is 78m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses houses in Waterlooville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waterlooville, and where 24 MARGARET CLOSE lies on this distribution: 15% of detached houses houses are smaller than 24 MARGARET CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Waterlooville.

24 MARGARET CLOSE: Plot and Title Map

24 MARGARET CLOSE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 24 MARGARET CLOSE, 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 24 MARGARET CLOSE). 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 24 MARGARET CLOSE?

24 MARGARET CLOSE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 24 on MARGARET CLOSE.