8, WELLESLEY CLOSE, WATERLOOVILLE, PO7 7JD - £430,000

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 WELLESLEY CLOSE is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £430,000 in May 2022, which was around 13% below the average May 2022 detached price in the Havant local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

8 WELLESLEY CLOSE Sold Prices

Land registry data shows two sales for 8 WELLESLEY CLOSE 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 WELLESLEY 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
2022 27 MAY	£430,000	£496,525	13% below HPI
2017 24 OCT	£345,000	£406,816	15% below HPI

8 WELLESLEY 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 two 8 WELLESLEY CLOSE sales from October 2017 and May 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 October 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 WELLESLEY CLOSE?

8 WELLESLEY CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% 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 WELLESLEY CLOSE lies on this distribution: 25% of detached houses are smaller than 8 WELLESLEY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Waterlooville.

8 WELLESLEY CLOSE: Plot and Title Map

8 WELLESLEY CLOSE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 8 WELLESLEY 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 WELLESLEY 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 WELLESLEY CLOSE?

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