7, NEW LANE, HAVANT, PO9 2JJ - £250,000

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

7 NEW LANE is a very large extended detached house of 160m², built sometime between 1930 and 1949. It was last sold for £250,000 in March 2013, which was around 15% below the average March 2013 detached price in the Havant local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

7 NEW LANE Sold Prices

Land registry data shows two sales for 7 NEW LANE 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 7 NEW LANE 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
2013 19 MAR	£250,000	£293,321	15% below HPI
2011 25 JAN	£203,000	£296,478	32% below HPI

7 NEW LANE 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 7 NEW LANE sales from January 2011 and March 2013 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 January 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 NEW LANE?

7 NEW LANE is 160m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where 7 NEW LANE lies on this distribution: 80% of detached houses are smaller than 7 NEW LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Havant.

7 NEW LANE: Plot and Title Map

7 NEW LANE sits on a plot of roughly 0.160 of an acre, or 645m². The below map shows the location of 7 NEW LANE, 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 NEW LANE). 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 NEW LANE?

7 NEW LANE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 7 on NEW LANE.