8, HALIFAX RISE, WATERLOOVILLE, PO7 7NJ - £325,000

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.

8 HALIFAX RISE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £388,260. It was last sold for £325,000 in May 2020, which was around 25% below the average May 2020 detached price in the Havant local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

8 HALIFAX RISE Sold Prices

Land registry data shows two sales for 8 HALIFAX RISE 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 8 HALIFAX 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
2020 22 MAY	£325,000	£436,041	25% below HPI
2019 25 OCT	£325,000	£432,004	25% below HPI

8 HALIFAX 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 two 8 HALIFAX RISE sales from October 2019 and May 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 October 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2020 sale, which was also at 25% below the HPI.

What might 8 HALIFAX RISE be worth now?

8 HALIFAX RISE might now be worth an estimated £388,260.

This is based on house price inflation of 19.5%, between May 2020 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 19.5% inflationary increase is applied to the most recent sale price for 8 HALIFAX RISE of £325,000 on 22nd May 2020. For the value to have increased from £325,000 to £388,260 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 8 HALIFAX RISE has moved in line with the HPI for detached houses in the Havant local authority area.
• The May 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HALIFAX RISE has not materially changed since May 2020.

How Large is 8 HALIFAX RISE?

8 HALIFAX RISE is 108m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of detached houses houses in Waterlooville, based on EPC data. The below chart shows the distribution of detached houses houses by size in Waterlooville, and where 8 HALIFAX RISE lies on this distribution: 45% of detached houses houses are smaller than 8 HALIFAX RISE, and 54% of houses are larger. Note that EPC data is not available for all properties in Waterlooville.

8 HALIFAX RISE: Plot and Title Map

8 HALIFAX RISE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 8 HALIFAX 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 8 HALIFAX 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 8 HALIFAX RISE?

8 HALIFAX RISE is located in WATERLOOVILLE, in the PO7 postcode district. The below map shows the position of No. 8 on HALIFAX RISE.