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 ORKNEY ROAD is a large detached house of 146m², built sometime between 1991 and 1995. It was last sold for £512,000 in July 2024, which was around 6% above the average July 2024 detached price in the Portsmouth local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 4 ORKNEY ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. All of the three 4 ORKNEY ROAD sales were for above 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 |
---|---|---|---|
2024 26 JUL | £512,000 | £481,816 | 6% above HPI |
2015 22 OCT | £415,000 | £357,339 | 16% above HPI |
2008 29 AUG | £350,000 | £287,070 | 22% above HPI |
The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 4 ORKNEY ROAD sales between August 2008 and July 2024 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 2015 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
4 ORKNEY ROAD is 146m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 4 ORKNEY ROAD lies on this distribution: 70% of detached houses are smaller than 4 ORKNEY ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.
4 ORKNEY ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 ORKNEY 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 4 ORKNEY 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.
4 ORKNEY ROAD is located in PORTSMOUTH, in the PO6 postcode district. The below map shows the position of No. 4 on ORKNEY ROAD.