5, THE GORSEWAY, HAYLING ISLAND, PO11 0DH - £485,000

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

5 THE GORSEWAY is a small extended detached house of 91m², built sometime between 1976 and 1982. It was last sold for £485,000 in December 2014, which was around 45% above the average December 2014 detached price in the Havant local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

5 THE GORSEWAY Sold Prices

Land registry data shows two sales for 5 THE GORSEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havant local authority area for the corresponding sale date. Both of the two 5 THE GORSEWAY 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
2014 3 DEC	£485,000	£333,439	45% above HPI
1999 5 MAY	£193,500	£123,172	57% above HPI

5 THE GORSEWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The two 5 THE GORSEWAY sales from May 1999 and December 2014 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 May 1999 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the December 2014 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 5 THE GORSEWAY?

5 THE GORSEWAY is 91m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% 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 5 THE GORSEWAY lies on this distribution: 32% of detached houses are smaller than 5 THE GORSEWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

5 THE GORSEWAY: Plot and Title Map

5 THE GORSEWAY sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 5 THE GORSEWAY, 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 5 THE GORSEWAY). 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 5 THE GORSEWAY?

5 THE GORSEWAY is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 5 on THE GORSEWAY.