7, CRANESWATER AVENUE, SOUTHSEA, PO4 0PA - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CRANESWATER AVENUE is a very small extended detached house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £385,113. It was last sold for £400,000 in November 2022, which was around 25% below the average November 2022 detached price in the Portsmouth local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

7 CRANESWATER AVENUE Sold Prices

Land registry data shows two sales for 7 CRANESWATER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Both of the two 7 CRANESWATER AVENUE 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 22 NOV	£400,000	£535,998	25% below HPI
2012 12 DEC	£247,000	£302,061	18% below HPI

7 CRANESWATER AVENUE 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 two 7 CRANESWATER AVENUE sales from December 2012 and November 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 December 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 CRANESWATER AVENUE be worth now?

7 CRANESWATER AVENUE might now be worth an estimated £385,113.

This is based on house price deflation of 3.7%, between November 2022 and February 2025, for detached houses, in the Portsmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% deflationary decrease is applied to the most recent sale price for 7 CRANESWATER AVENUE of £400,000 on 22nd November 2022. For the value to have decreased from £400,000 to £385,113 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 CRANESWATER AVENUE has moved in line with the HPI for detached houses in the Portsmouth local authority area.
• The November 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANESWATER AVENUE has not materially changed since November 2022.

How Large is 7 CRANESWATER AVENUE?

7 CRANESWATER AVENUE is 76m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portsmouth, and where 7 CRANESWATER AVENUE lies on this distribution: 11% of detached houses houses are smaller than 7 CRANESWATER AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

7 CRANESWATER AVENUE: Plot and Title Map

7 CRANESWATER AVENUE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 CRANESWATER AVENUE, 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 7 CRANESWATER AVENUE). 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 7 CRANESWATER AVENUE?

7 CRANESWATER AVENUE is located in SOUTHSEA, in the PO4 postcode district. The below map shows the position of No. 7 on CRANESWATER AVENUE.