Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 SOUTHWOOD ROAD is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £400,000 in August 2024, which was around 20% below the average August 2024 detached price in the Havant local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 24 SOUTHWOOD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the three 24 SOUTHWOOD 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 7 AUG | £400,000 | £502,408 | 20% below HPI |
2006 12 JUL | £199,950 | £276,365 | 28% below HPI |
1995 3 MAR | £78,500 | £93,973 | 16% below HPI |
The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The three 24 SOUTHWOOD ROAD sales between March 1995 and August 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 July 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
24 SOUTHWOOD ROAD is 64m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses by size in South Hayling, and where 24 SOUTHWOOD ROAD lies on this distribution: 9% of detached houses are smaller than 24 SOUTHWOOD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in South Hayling.
24 SOUTHWOOD ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 24 SOUTHWOOD 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 24 SOUTHWOOD 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.
24 SOUTHWOOD ROAD is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 24 on SOUTHWOOD ROAD.