BROAD REACH, DORKING CRESCENT, PORTSMOUTH, PO6 2QL - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

BROAD REACH is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £375,000 in December 2023, which was around 26% below the average December 2023 detached price in the Portsmouth local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

BROAD REACH Sold Prices

Land registry data shows two sales for BROAD REACH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Portsmouth local authority area for the corresponding sale date. Both of the two BROAD REACH 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
2023 8 DEC	£375,000	£504,358	26% below HPI
2019 12 DEC	£260,000	£429,480	39% below HPI

BROAD REACH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two BROAD REACH sales from December 2019 and December 2023 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 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is BROAD REACH?

BROAD REACH is 76m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where BROAD REACH lies on this distribution: 11% of detached houses are smaller than BROAD REACH, and 89% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

BROAD REACH: Plot and Title Map

BROAD REACH sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of BROAD REACH, 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 BROAD REACH). 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 BROAD REACH?

BROAD REACH is located on DORKING CRESCENT in PORTSMOUTH, in the PO6 postcode district. The below map shows the position of BROAD REACH on DORKING CRESCENT.