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
38 WHEATLANDS AVENUE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £392,500 in June 2021, which was around 15% below the average June 2021 detached price in the Havant local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 38 WHEATLANDS 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 38 WHEATLANDS 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 |
---|---|---|---|
2021 10 JUN | £392,500 | £463,112 | 15% below HPI |
2016 31 MAR | £295,000 | £368,711 | 20% below HPI |
2007 31 AUG | £250,000 | £304,214 | 18% below HPI |
1996 9 MAY | £68,500 | £96,613 | 29% 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 38 WHEATLANDS AVENUE sales between May 1996 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 March 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
38 WHEATLANDS AVENUE is 85m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 38 WHEATLANDS AVENUE lies on this distribution: 26% of detached houses are smaller than 38 WHEATLANDS AVENUE, and 74% of houses are larger. Note that EPC data is not available for all properties in South Hayling.
38 WHEATLANDS AVENUE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 38 WHEATLANDS 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 38 WHEATLANDS 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.
38 WHEATLANDS AVENUE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 38 on WHEATLANDS AVENUE.