8, LANCASTER WAY, WATERLOOVILLE, PO7 7NG - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 LANCASTER WAY is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £345,000 in October 2017, which was around 15% below the average October 2017 detached price in the Havant local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

8 LANCASTER WAY Sold Prices

Land registry data shows three sales for 8 LANCASTER WAY 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 8 LANCASTER WAY 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
2017 30 OCT	£345,000	£406,816	15% below HPI
2002 28 MAR	£156,995	£191,986	18% below HPI
1998 12 AUG	£108,000	£119,723	10% below HPI

8 LANCASTER WAY 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 8 LANCASTER WAY sales between August 1998 and October 2017 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 March 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 LANCASTER WAY?

8 LANCASTER WAY is 108m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Waterlooville, based on EPC data. The below chart shows the distribution of detached houses by size in Waterlooville, and where 8 LANCASTER WAY lies on this distribution: 45% of detached houses are smaller than 8 LANCASTER WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Waterlooville.

8 LANCASTER WAY: Plot and Title Map

8 LANCASTER WAY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 8 LANCASTER WAY, 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 LANCASTER WAY). 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 LANCASTER WAY?

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