4, LOVAGE WAY, WATERLOOVILLE, PO8 0JG - £521,000

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

4 LOVAGE WAY is a large detached house of 147m², built sometime between 1983 and 1990. It was last sold for £521,000 in November 2023, which was around 21% below the average November 2023 detached price in the East Hampshire local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

4 LOVAGE WAY Sold Prices

Land registry data shows five sales for 4 LOVAGE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Most of the five 4 LOVAGE WAY 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
2023 23 NOV	£521,000	£661,676	21% below HPI
2014 29 AUG	£418,000	£452,594	8% below HPI
2004 9 JAN	£295,000	£322,290	8% below HPI
2002 18 MAR	£240,000	£255,795	6% below HPI
1997 20 JAN	£135,000	£130,209	4% above HPI

4 LOVAGE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The five 4 LOVAGE WAY sales between January 1997 and November 2023 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 August 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 LOVAGE WAY?

4 LOVAGE WAY is 147m² according to the EPC inspection conducted in August 2023. This puts it in the largest 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 4 LOVAGE WAY lies on this distribution: 79% of detached houses are smaller than 4 LOVAGE WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Horndean.

4 LOVAGE WAY: Plot and Title Map

4 LOVAGE WAY sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 4 LOVAGE WAY, 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 4 LOVAGE WAY). 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 4 LOVAGE WAY?

4 LOVAGE WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 4 on LOVAGE WAY.