16, ERICA CLOSE, WATERLOOVILLE, PO8 9BB - £420,000

16 ERICA CLOSE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £420,000 in January 2023, which was around 21% below the average January 2023 detached price in the Havant local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

16 ERICA CLOSE Sold Prices

Land registry data shows three sales for 16 ERICA CLOSE 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. All of the three 16 ERICA CLOSE 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 24 JAN	£420,000	£534,594	21% below HPI
2011 15 APR	£233,000	£290,212	20% below HPI
2006 5 MAY	£221,000	£269,509	18% below HPI

16 ERICA CLOSE 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 16 ERICA CLOSE sales between May 2006 and January 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 April 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 ERICA CLOSE?

16 ERICA CLOSE is 81m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 16 ERICA CLOSE lies on this distribution: 17% of detached houses are smaller than 16 ERICA CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Horndean.

16 ERICA CLOSE: Plot and Title Map

16 ERICA CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 16 ERICA CLOSE, 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 16 ERICA CLOSE). 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 16 ERICA CLOSE?

16 ERICA CLOSE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 16 on ERICA CLOSE.