50, MERRITT WAY, WATERLOOVILLE, PO8 9WN - £440,000

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

50 MERRITT WAY is a large detached house of 130m². It was last sold for £440,000 in February 2021, which was around 2% below the average February 2021 detached price in the Havant local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

50 MERRITT WAY Sold Prices

Land registry data shows two sales for 50 MERRITT WAY 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. One of the two 50 MERRITT WAY sales was for below the average price, whilst the other was 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
2021 15 FEB	£440,000	£446,766	2% below HPI
2019 20 DEC	£425,000	£420,973	1% above HPI

50 MERRITT WAY 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 50 MERRITT WAY sales from December 2019 and February 2021 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 December 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 50 MERRITT WAY?

50 MERRITT WAY is 130m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 50 MERRITT WAY lies on this distribution: 67% of detached houses are smaller than 50 MERRITT WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Horndean.

50 MERRITT WAY: Plot and Title Map

50 MERRITT WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 50 MERRITT 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 50 MERRITT 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 50 MERRITT WAY?

50 MERRITT WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 50 on MERRITT WAY.