7, NEW TOWN LANE, HAYLING ISLAND, PO11 0SX - £420,000

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 NEW TOWN LANE is a midsized detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £514,612. It was last sold for £420,000 in March 2018, which was around 1% below the average March 2018 detached price in the Havant local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

7 NEW TOWN LANE Sold Prices

Land registry data shows three sales for 7 NEW TOWN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havant local authority area for the corresponding sale date. One of the three 7 NEW TOWN LANE sales was for below the average price, whilst two were for above 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
2018 15 MAR	£420,000	£425,144	1% below HPI
2006 16 NOV	£299,995	£290,520	3% above HPI
1997 22 DEC	£133,950	£117,941	14% above HPI

7 NEW TOWN 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 three 7 NEW TOWN LANE sales between December 1997 and March 2018 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 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 7 NEW TOWN LANE be worth now?

7 NEW TOWN LANE might now be worth an estimated £514,612.

This is based on house price inflation of 22.5%, between March 2018 and February 2025, for 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 22.5% inflationary increase is applied to the most recent sale price for 7 NEW TOWN LANE of £420,000 on 15th March 2018. For the value to have increased from £420,000 to £514,612 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 7 NEW TOWN LANE has moved in line with the HPI for detached houses in the Havant local authority area.
• The March 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW TOWN LANE has not materially changed since March 2018.

How Large is 7 NEW TOWN LANE?

7 NEW TOWN LANE is 113m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in South Hayling, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Hayling, and where 7 NEW TOWN LANE lies on this distribution: 51% of detached houses houses are smaller than 7 NEW TOWN LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

7 NEW TOWN LANE: Plot and Title Map

7 NEW TOWN LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 7 NEW TOWN 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 TOWN 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 TOWN LANE?

7 NEW TOWN LANE is located in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of No. 7 on NEW TOWN LANE.