8, SPRUCE AVENUE, WATERLOOVILLE, PO7 8HA - £360,000

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 SPRUCE AVENUE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £360,000 in June 2022, which was around 29% below the average June 2022 detached price in the Havant local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

8 SPRUCE AVENUE Sold Prices

Land registry data shows three sales for 8 SPRUCE AVENUE 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 SPRUCE AVENUE 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
2022 9 JUN	£360,000	£504,476	29% below HPI
2017 27 JUN	£299,995	£409,025	27% below HPI
2001 8 JUN	£117,500	£172,667	32% below HPI

8 SPRUCE AVENUE 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 SPRUCE AVENUE sales between June 2001 and June 2022 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 June 2017 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 SPRUCE AVENUE?

8 SPRUCE AVENUE is 70m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Purbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Purbrook, and where 8 SPRUCE AVENUE lies on this distribution: 9% of detached houses are smaller than 8 SPRUCE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

8 SPRUCE AVENUE: Plot and Title Map

8 SPRUCE AVENUE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 8 SPRUCE AVENUE, 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 SPRUCE AVENUE). 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 SPRUCE AVENUE?

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