3, WELCHWOOD CLOSE, WATERLOOVILLE, PO8 9SL - £460,000

3 WELCHWOOD CLOSE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £460,000 in December 2022, which was around 14% below the average December 2022 detached price in the Havant local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 WELCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 WELCHWOOD CLOSE 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 3 WELCHWOOD 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
2022 19 DEC	£460,000	£534,931	14% below HPI
2020 23 OCT	£345,000	£437,314	21% below HPI

3 WELCHWOOD 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 two 3 WELCHWOOD CLOSE sales from October 2020 and December 2022 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 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 WELCHWOOD CLOSE?

3 WELCHWOOD CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Horndean, based on EPC data. The below chart shows the distribution of detached houses by size in Horndean, and where 3 WELCHWOOD CLOSE lies on this distribution: 32% of detached houses are smaller than 3 WELCHWOOD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Horndean.

3 WELCHWOOD CLOSE: Plot and Title Map

3 WELCHWOOD CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 3 WELCHWOOD 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 3 WELCHWOOD 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 3 WELCHWOOD CLOSE?

3 WELCHWOOD CLOSE is located in WATERLOOVILLE, in the PO8 postcode district. The below map shows the position of No. 3 on WELCHWOOD CLOSE.