1, ERICA WAY, WATERLOOVILLE, PO8 9BA - £333,500

1 ERICA WAY is a small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £333,500 in July 2023, which was around 37% below the average July 2023 detached price in the Havant local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 ERICA WAY Sold Prices

Land registry data shows two sales for 1 ERICA WAY 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 1 ERICA WAY 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 14 JUL	£333,500	£532,701	37% below HPI
2014 13 OCT	£242,500	£333,314	27% below HPI

1 ERICA WAY 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 1 ERICA WAY sales from October 2014 and July 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 October 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 ERICA WAY?

1 ERICA WAY is 89m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 1 ERICA WAY lies on this distribution: 26% of detached houses are smaller than 1 ERICA WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Horndean.

1 ERICA WAY: Plot and Title Map

1 ERICA WAY sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 ERICA WAY, 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 1 ERICA WAY). 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 1 ERICA WAY?

1 ERICA WAY is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 1 on ERICA WAY.