TWO WELLS, QUEENSWAY, HAYLING ISLAND, PO11 0LY - £499,000

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

TWO WELLS is a large detached house of 169m², built sometime between 1983 and 1990. It was last sold for £499,000 in October 2012, which was around 67% above the average October 2012 detached price in the Havant local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

TWO WELLS Sold Prices

Land registry data shows two sales for TWO WELLS 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 TWO WELLS sales 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
2012 16 OCT	£499,000	£299,690	67% above HPI
2003 26 FEB	£545,000	£236,897	130% above HPI

TWO WELLS 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 TWO WELLS sales from February 2003 and October 2012 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 2003 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the October 2012 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is TWO WELLS?

TWO WELLS is 169m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses in Stoke, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke, and where TWO WELLS lies on this distribution: 79% of detached houses are smaller than TWO WELLS, and 21% of houses are larger. Note that EPC data is not available for all properties in Stoke.

TWO WELLS: Plot and Title Map

TWO WELLS sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of TWO WELLS, 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 TWO WELLS). 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 TWO WELLS?

TWO WELLS is located on QUEENSWAY in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of TWO WELLS on QUEENSWAY.