38, REDWOOD GROVE, HAVANT, PO9 5TN - £195,000

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.

38 REDWOOD GROVE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £271,801. It was last sold for £195,000 in November 2016, which was about the average November 2016 terraced price in the Havant local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

38 REDWOOD GROVE Sold Prices

Land registry data shows six sales for 38 REDWOOD GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Havant local authority area for the corresponding sale date. The six 38 REDWOOD GROVE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 3 NOV	£195,000	£195,543	Close to HPI
2012 9 FEB	£131,000	£149,594	12% below HPI
2005 9 JUN	£133,000	£137,533	3% below HPI
2002 14 JUN	£90,000	£92,015	2% below HPI
1999 19 APR	£59,500	£56,257	6% above HPI
1996 23 AUG	£56,950	£45,323	26% above HPI

38 REDWOOD GROVE 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 six 38 REDWOOD GROVE sales between August 1996 and November 2016 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 38 REDWOOD GROVE be worth now?

38 REDWOOD GROVE might now be worth an estimated £271,801.

This is based on house price inflation of 39.4%, between November 2016 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 39.4% inflationary increase is applied to the most recent sale price for 38 REDWOOD GROVE of £195,000 on 3rd November 2016. For the value to have increased from £195,000 to £271,801 over the nine years and one month to October 2025, the following assumptions must hold true:

• The value of 38 REDWOOD GROVE has moved in line with the HPI for terraced houses in the Havant local authority area.
• The November 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 38 REDWOOD GROVE has not materially changed since November 2016.

How Large is 38 REDWOOD GROVE?

38 REDWOOD GROVE is 55m² according to the EPC inspection conducted in May 2011. 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 38 REDWOOD GROVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 REDWOOD GROVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Havant.

38 REDWOOD GROVE: Plot and Title Map

38 REDWOOD GROVE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 38 REDWOOD GROVE, 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 38 REDWOOD GROVE). 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 38 REDWOOD GROVE?

38 REDWOOD GROVE is located in HAVANT, in the PO9 postcode district. The below map shows the position of No. 38 on REDWOOD GROVE.