HEREWARD, LITH AVENUE, HORNDEAN, WATERLOOVILLE, PO8 0HA - £369,999

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

HEREWARD is a small extended detached house of 86m², built sometime between 1950 and 1966. It was last sold for £369,999 in February 2022, which was around 46% below the average February 2022 detached price in the East Hampshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

HEREWARD Sold Prices

Land registry data shows three sales for HEREWARD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. All of the three HEREWARD 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 28 FEB	£369,999	£683,417	46% below HPI
2015 9 OCT	£250,000	£538,425	54% below HPI
2007 2 APR	£155,000	£400,263	61% below HPI

HEREWARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The three HEREWARD sales between April 2007 and February 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 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might HEREWARD be worth now?

HEREWARD might now be worth an estimated £376,554.

This is based on house price inflation of 1.8%, between February 2022 and December 2024, for detached houses, in the East Hampshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% inflationary increase is applied to the most recent sale price for HEREWARD of £369,999 on 28th February 2022. For the value to have increased from £369,999 to £376,554 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of HEREWARD has moved in line with the HPI for detached houses in the East Hampshire local authority area.
• The February 2022 sale price of £369,999 represented a fair market value for the property.
• The size, condition, and specification of HEREWARD has not materially changed since February 2022.

How Large is HEREWARD?

HEREWARD is 86m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% of detached houses houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horndean, and where HEREWARD lies on this distribution: 22% of detached houses houses are smaller than HEREWARD, and 77% of houses are larger. Note that EPC data is not available for all properties in Horndean.

HEREWARD: Plot and Title Map

HEREWARD sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of HEREWARD, 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 HEREWARD). 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 HEREWARD?

HEREWARD is located on LITH AVENUE in HORNDEAN, in the PO8 postcode district. The below map shows the position of HEREWARD on LITH AVENUE.