Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 PARK AVENUE is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £315,000 in November 2016, which was around 19% below the average November 2016 detached price in the Havant local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 3 PARK AVENUE since 1st 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 3 PARK AVENUE 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 |
---|---|---|---|
2016 18 NOV | £315,000 | £390,758 | 19% below HPI |
2006 27 OCT | £200,000 | £278,272 | 28% below HPI |
1998 1 DEC | £95,000 | £123,183 | 23% below HPI |
1997 10 JAN | £81,000 | £102,515 | 21% below HPI |
The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The four 3 PARK AVENUE sales between January 1997 and November 2016 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
3 PARK AVENUE is 124m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 50% of detached houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Purbrook, and where 3 PARK AVENUE lies on this distribution: 57% of detached houses are smaller than 3 PARK AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Purbrook.
3 PARK AVENUE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 3 PARK AVENUE, 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 PARK AVENUE). 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.
3 PARK AVENUE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 3 on PARK AVENUE.