7, FARRIERS WAY, WATERLOOVILLE, PO7 8RL - £232,000

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 FARRIERS WAY is a very small semi-detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £291,955. It was last sold for £232,000 in February 2020, which was around 14% below the average February 2020 semi-detached price in the Havant local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

7 FARRIERS WAY Sold Prices

Land registry data shows six sales for 7 FARRIERS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Havant local authority area for the corresponding sale date. All of the six 7 FARRIERS 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
2020 14 FEB	£232,000	£271,085	14% below HPI
2019 30 SEP	£220,000	£272,398	19% below HPI
2011 26 MAY	£166,500	£186,799	11% below HPI
2006 15 FEB	£156,000	£175,774	11% below HPI
2001 2 NOV	£97,000	£111,677	13% below HPI
1999 8 JAN	£65,000	£74,825	13% below HPI

7 FARRIERS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havant local authority area over time, sourced from the HPI. The six 7 FARRIERS WAY sales between January 1999 and February 2020 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 September 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 FARRIERS WAY be worth now?

7 FARRIERS WAY might now be worth an estimated £291,955.

This is based on house price inflation of 25.8%, between February 2020 and February 2025, for semi-detached houses, in the Havant local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 7 FARRIERS WAY of £232,000 on 14th February 2020. For the value to have increased from £232,000 to £291,955 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 FARRIERS WAY has moved in line with the HPI for semi-detached houses in the Havant local authority area.
• The February 2020 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARRIERS WAY has not materially changed since February 2020.

How Large is 7 FARRIERS WAY?

7 FARRIERS WAY is 54m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of semi-detached houses houses in Horndean, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horndean, and where 7 FARRIERS WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 7 FARRIERS WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Horndean.

7 FARRIERS WAY: Plot and Title Map

7 FARRIERS WAY sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 7 FARRIERS 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 7 FARRIERS 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 7 FARRIERS WAY?

7 FARRIERS WAY is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 7 on FARRIERS WAY.