7, THE RISE, WATERLOOVILLE, PO7 5DQ - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE RISE is a midsized extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £435,000 in August 2023, which was around 18% below the average August 2023 detached price in the Havant local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

7 THE RISE Sold Prices

Land registry data shows three sales for 7 THE RISE 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. All of the three 7 THE 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
2023 18 AUG	£435,000	£528,281	18% below HPI
2019 18 JAN	£295,000	£433,931	32% below HPI
1997 14 NOV	£91,000	£117,516	23% below HPI

7 THE RISE 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 THE RISE sales between November 1997 and August 2023 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 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 7 THE RISE be worth now?

7 THE RISE might now be worth an estimated £424,087.

This is based on house price deflation of 2.5%, between August 2023 and December 2024, 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 2.5% deflationary decrease is applied to the most recent sale price for 7 THE RISE of £435,000 on 18th August 2023. For the value to have decreased from £435,000 to £424,087 over the eight months to December 2024, the following assumptions must hold true:

• The value of 7 THE RISE has moved in line with the HPI for detached houses in the Havant local authority area.
• The August 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE RISE has not materially changed since August 2023.

How Large is 7 THE RISE?

7 THE RISE is 114m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purbrook, and where 7 THE RISE lies on this distribution: 45% of detached houses houses are smaller than 7 THE RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

7 THE RISE: Plot and Title Map

7 THE RISE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 THE 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 THE 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.

Where is 7 THE RISE?

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