8, THE CREST, WATERLOOVILLE, PO7 5DG - £390,000

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

8 THE CREST is a very large detached house of 149m², built sometime between 1930 and 1949. It was last sold for £390,000 in September 2016, which was about the average September 2016 detached price in the Havant local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was C.

8 THE CREST Sold Prices

Land registry data shows two sales for 8 THE CREST 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. One of the two 8 THE CREST sales was roughly equal to the average price, whilst the other was for above 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
2016 9 SEP	£390,000	£389,297	Close to HPI
1996 16 JAN	£118,500	£95,485	24% above HPI

8 THE CREST 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 THE CREST sales from January 1996 and September 2016 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 1996 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 THE CREST be worth now?

8 THE CREST might now be worth an estimated £515,958.

This is based on house price inflation of 32.3%, between September 2016 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 32.3% inflationary increase is applied to the most recent sale price for 8 THE CREST of £390,000 on 9th September 2016. For the value to have increased from £390,000 to £515,958 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 THE CREST has moved in line with the HPI for detached houses in the Havant local authority area.
• The September 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CREST has not materially changed since September 2016.

How Large is 8 THE CREST?

8 THE CREST is 149m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% 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 8 THE CREST lies on this distribution: 81% of detached houses houses are smaller than 8 THE CREST, and 18% of houses are larger. Note that EPC data is not available for all properties in Purbrook.

8 THE CREST: Plot and Title Map

8 THE CREST sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 8 THE CREST, 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 THE CREST). 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 THE CREST?

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