3, THE PARCHMENT, HAVANT, PO9 1HD - £215,000

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.

3 THE PARCHMENT is a very small terraced house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £341,729. It was last sold for £215,000 in March 2015, which was around 25% above the average March 2015 terraced price in the Havant local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

3 THE PARCHMENT Sold Prices

Land registry data shows two sales for 3 THE PARCHMENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Havant local authority area for the corresponding sale date. Both of the two 3 THE PARCHMENT 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
2015 17 MAR	£215,000	£171,481	25% above HPI
2009 4 SEP	£175,000	£140,264	25% above HPI

3 THE PARCHMENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havant local authority area over time, sourced from the HPI. The two 3 THE PARCHMENT sales from September 2009 and March 2015 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 September 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, which was also at 25% above the HPI.

What might 3 THE PARCHMENT be worth now?

3 THE PARCHMENT might now be worth an estimated £341,729.

This is based on house price inflation of 58.9%, between March 2015 and October 2025, for terraced 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 58.9% inflationary increase is applied to the most recent sale price for 3 THE PARCHMENT of £215,000 on 17th March 2015. For the value to have increased from £215,000 to £341,729 over the nine years and five months to October 2025, the following assumptions must hold true:

• The value of 3 THE PARCHMENT has moved in line with the HPI for terraced houses in the Havant local authority area.
• The March 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE PARCHMENT has not materially changed since March 2015.

How Large is 3 THE PARCHMENT?

3 THE PARCHMENT is 77m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of terraced houses houses in Havant, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Havant, and where 3 THE PARCHMENT lies on this distribution: 6% of terraced houses houses are smaller than 3 THE PARCHMENT, and 93% of houses are larger. Note that EPC data is not available for all properties in Havant.

3 THE PARCHMENT: Plot and Title Map

3 THE PARCHMENT sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 3 THE PARCHMENT, 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 3 THE PARCHMENT). 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 3 THE PARCHMENT?

3 THE PARCHMENT is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 3 on THE PARCHMENT.