6, ERICA WAY, WATERLOOVILLE, PO8 9BA - £365,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 ERICA WAY is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £365,000 in March 2022, which was around 27% below the average March 2022 detached price in the Havant local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

6 ERICA WAY Sold Prices

Land registry data shows two sales for 6 ERICA 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. Both of the two 6 ERICA WAY 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
2022 28 MAR	£365,000	£502,816	27% below HPI
2018 30 NOV	£280,000	£429,481	35% below HPI

6 ERICA 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 6 ERICA WAY sales from November 2018 and March 2022 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 6 ERICA WAY?

6 ERICA WAY is 75m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 6 ERICA WAY lies on this distribution: 10% of detached houses are smaller than 6 ERICA WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Horndean.

6 ERICA WAY: Plot and Title Map

6 ERICA WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 6 ERICA 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 6 ERICA 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 6 ERICA WAY?

6 ERICA WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 6 on ERICA WAY.