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
7 MEADOW RISE is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £248,000 in November 2012, which was around 17% below the average November 2012 detached price in the Havant local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 7 MEADOW RISE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the five 7 MEADOW RISE 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 |
---|---|---|---|
2012 27 NOV | £248,000 | £297,698 | 17% below HPI |
2010 18 JUN | £248,000 | £289,315 | 14% below HPI |
2007 6 MAR | £230,000 | £285,932 | 20% below HPI |
1999 2 AUG | £93,500 | £130,871 | 29% below HPI |
1999 10 JUN | £71,500 | £124,835 | 43% below HPI |
The below graph shows the average detached house price in the Havant local authority area over time, sourced from the HPI. The five 7 MEADOW RISE sales between June 1999 and November 2012 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 June 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
7 MEADOW RISE is 99m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 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 7 MEADOW RISE lies on this distribution: 35% of detached houses are smaller than 7 MEADOW RISE, and 64% of houses are larger. Note that EPC data is not available for all properties in Horndean.
7 MEADOW RISE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 7 MEADOW RISE, 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 MEADOW RISE). 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.
7 MEADOW RISE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 7 on MEADOW RISE.