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 SOUTHWOOD ROAD is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £315,000 in July 2019, which was around 25% below the average July 2019 detached price in the Havant local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 SOUTHWOOD ROAD 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 4 SOUTHWOOD ROAD 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 |
---|---|---|---|
2019 19 JUL | £315,000 | £422,216 | 25% below HPI |
2013 22 AUG | £237,500 | £298,571 | 20% below HPI |
2001 15 JUN | £139,000 | £172,667 | 19% below HPI |
1997 28 APR | £80,000 | £105,593 | 24% 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 4 SOUTHWOOD ROAD sales between April 1997 and July 2019 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
4 SOUTHWOOD ROAD is 114m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% 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 4 SOUTHWOOD ROAD lies on this distribution: 53% of detached houses are smaller than 4 SOUTHWOOD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in South Hayling.
4 SOUTHWOOD ROAD sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 4 SOUTHWOOD 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 SOUTHWOOD 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 SOUTHWOOD ROAD is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 4 on SOUTHWOOD ROAD.