31B, PARK ROAD, PURBROOK, WATERLOOVILLE, PO7 5ER - £340,000

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.

31B PARK ROAD is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £459,460. It was last sold for £340,000 in June 2016, which was around 12% below the average June 2016 detached price in the Havant local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

31B PARK ROAD Sold Prices

Land registry data shows two sales for 31B PARK ROAD 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. One of the two 31B PARK ROAD sales was for below the average price, whilst the other was roughly equal to 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 30 JUN	£340,000	£385,477	12% below HPI
2006 3 NOV	£290,000	£290,520	Close to HPI

31B PARK ROAD 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 31B PARK ROAD sales from November 2006 and June 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 November 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 31B PARK ROAD be worth now?

31B PARK ROAD might now be worth an estimated £459,460.

This is based on house price inflation of 35.1%, between June 2016 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 35.1% inflationary increase is applied to the most recent sale price for 31B PARK ROAD of £340,000 on 30th June 2016. For the value to have increased from £340,000 to £459,460 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 31B PARK ROAD has moved in line with the HPI for detached houses in the Havant local authority area.
• The June 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 31B PARK ROAD has not materially changed since June 2016.

How Large is 31B PARK ROAD?

31B PARK ROAD is 87m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purbrook, and where 31B PARK ROAD lies on this distribution: 20% of detached houses houses are smaller than 31B PARK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

31B PARK ROAD: Plot and Title Map

31B PARK ROAD sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 31B PARK 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 31B PARK 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.

Where is 31B PARK ROAD?

31B PARK ROAD is located in PURBROOK, in the PO7 postcode district. The below map shows the position of No. 31B on PARK ROAD.