8, LILAC CLOSE, HAVANT, PO9 2FD - £225,000

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 LILAC CLOSE is a very small detached house of 88m², built sometime between 1991 and 1995. It was last sold for £225,000 in June 2006, which was around 18% below the average June 2006 detached price in the Havant local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

8 LILAC CLOSE Sold Prices

Land registry data shows three sales for 8 LILAC CLOSE 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 LILAC CLOSE 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
2006 30 JUN	£225,000	£273,123	18% below HPI
1999 14 DEC	£127,000	£140,493	10% below HPI
1998 30 JAN	£96,500	£114,995	16% below HPI

8 LILAC CLOSE 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 LILAC CLOSE sales between January 1998 and June 2006 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 December 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2006 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 LILAC CLOSE?

8 LILAC CLOSE is 88m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 8 LILAC CLOSE lies on this distribution: 16% of detached houses are smaller than 8 LILAC CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Havant.

8 LILAC CLOSE: Plot and Title Map

8 LILAC CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 LILAC CLOSE, 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 LILAC CLOSE). 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 LILAC CLOSE?

8 LILAC CLOSE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 8 on LILAC CLOSE.