3, ERICA CLOSE, WATERLOOVILLE, PO8 9BB - £327,000

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

3 ERICA CLOSE is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £327,000 in July 2019, which was around 23% below the average July 2019 detached price in the Havant local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 ERICA CLOSE Sold Prices

Land registry data shows two sales for 3 ERICA 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 3 ERICA 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
2019 16 JUL	£327,000	£422,216	23% below HPI
2007 12 SEP	£238,000	£309,390	23% below HPI

3 ERICA 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 3 ERICA CLOSE sales from September 2007 and July 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 September 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2019 sale, which was also at 23% below the HPI.

How Large is 3 ERICA CLOSE?

3 ERICA CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 3 ERICA CLOSE lies on this distribution: 18% of detached houses are smaller than 3 ERICA CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Horndean.

3 ERICA CLOSE: Plot and Title Map

3 ERICA CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 3 ERICA 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 3 ERICA 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 3 ERICA CLOSE?

3 ERICA CLOSE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 3 on ERICA CLOSE.