PAPILLON, VICTORIA ROAD, HAYLING ISLAND, PO11 0LU - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PAPILLON is a very small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £461,983. It was last sold for £480,000 in February 2023, which was around 11% below the average February 2023 detached price in the Havant local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

PAPILLON Sold Prices

Land registry data shows three sales for PAPILLON 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. One of the three PAPILLON sales was for below the average price, whilst two were 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
2023 27 FEB	£480,000	£541,230	11% below HPI
2012 27 FEB	£339,000	£300,037	13% above HPI
1998 17 JUL	£142,000	£122,170	16% above HPI

PAPILLON 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 PAPILLON sales between July 1998 and February 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 February 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might PAPILLON be worth now?

PAPILLON might now be worth an estimated £461,983.

This is based on house price deflation of 3.8%, between February 2023 and February 2025, 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 3.8% deflationary decrease is applied to the most recent sale price for PAPILLON of £480,000 on 27th February 2023. For the value to have decreased from £480,000 to £461,983 over the two years to February 2025, the following assumptions must hold true:

• The value of PAPILLON has moved in line with the HPI for detached houses in the Havant local authority area.
• The February 2023 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of PAPILLON has not materially changed since February 2023.

How Large is PAPILLON?

PAPILLON is 76m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses houses in Stoke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke, and where PAPILLON lies on this distribution: 4% of detached houses houses are smaller than PAPILLON, and 96% of houses are larger. Note that EPC data is not available for all properties in Stoke.

PAPILLON: Plot and Title Map

PAPILLON sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of PAPILLON, 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 PAPILLON). 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 PAPILLON?

PAPILLON is located on VICTORIA ROAD in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of PAPILLON on VICTORIA ROAD.