THE OLIVES, NORTHWOOD LANE, HAYLING ISLAND, PO11 0LR - £340,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE OLIVES is a very large extended semi-detached house of 199m², built sometime before 1900. It was last sold for £340,000 in August 2011, which was around 16% above the average August 2011 detached price in the Havant local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

THE OLIVES Sold Prices

Land registry data shows three sales for THE OLIVES 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. Two of the three THE OLIVES sales were for above the average price, whilst one was 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
2011 5 AUG	£340,000	£293,577	16% above HPI
2004 19 FEB	£293,000	£261,352	12% above HPI
1997 14 MAR	£103,000	£104,842	2% below HPI

THE OLIVES 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 THE OLIVES sales between March 1997 and August 2011 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 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is THE OLIVES?

THE OLIVES is 199m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 20% of detached houses in Stoke, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke, and where THE OLIVES lies on this distribution: 85% of detached houses are smaller than THE OLIVES, and 14% of houses are larger. Note that EPC data is not available for all properties in Stoke.

THE OLIVES: Plot and Title Map

THE OLIVES sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of THE OLIVES, 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 THE OLIVES). 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 THE OLIVES?

THE OLIVES is located on NORTHWOOD LANE in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of THE OLIVES on NORTHWOOD LANE.