56, LONDON ROAD, COWPLAIN, WATERLOOVILLE, PO8 8EN - £346,000

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

56 LONDON ROAD is a midsized extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £346,000 in May 2024, which was around 30% below the average May 2024 detached price in the Havant local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

56 LONDON ROAD Sold Prices

Land registry data shows two sales for 56 LONDON ROAD 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 56 LONDON 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
2024 17 MAY	£346,000	£491,206	30% below HPI
2021 4 FEB	£300,000	£446,766	33% below HPI

56 LONDON ROAD 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 56 LONDON ROAD sales from February 2021 and May 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 February 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 56 LONDON ROAD?

56 LONDON ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 56 LONDON ROAD lies on this distribution: 47% of detached houses are smaller than 56 LONDON ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Horndean.

56 LONDON ROAD: Plot and Title Map

56 LONDON ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 56 LONDON 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 56 LONDON 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 56 LONDON ROAD?

56 LONDON ROAD is located in COWPLAIN, in the PO8 postcode district. The below map shows the position of No. 56 on LONDON ROAD.