40, UNION ROAD, PORTSMOUTH, PO3 6GF - £390,000

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

40 UNION ROAD is a very small detached house of 81m², built sometime from 2007 onwards. It was last sold for £390,000 in February 2023, which was around 25% below the average February 2023 detached price in the Portsmouth local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

40 UNION ROAD Sold Prices

Land registry data shows three sales for 40 UNION ROAD since 1^st 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 40 UNION 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
2023 23 FEB	£390,000	£521,496	25% below HPI
2020 10 NOV	£325,000	£452,301	28% below HPI
2015 30 JAN	£239,995	£331,911	28% below HPI

40 UNION ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The three 40 UNION ROAD sales between January 2015 and February 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 November 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 UNION ROAD?

40 UNION ROAD is 81m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 40 UNION ROAD lies on this distribution: 15% of detached houses are smaller than 40 UNION ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

40 UNION ROAD: Plot and Title Map

40 UNION ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 40 UNION 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 40 UNION 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 40 UNION ROAD?

40 UNION ROAD is located in PORTSMOUTH, in the PO3 postcode district. The below map shows the position of No. 40 on UNION ROAD.