DRIFTWOOD, MARINE WALK, HAYLING ISLAND, PO11 9PG - £210,000

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.

DRIFTWOOD is a very small extended semi-detached house of 32m², built sometime between 2003 and 2006, which could now be worth an estimated £269,450. It was last sold for £210,000 in May 2019, which was around 21% below the average May 2019 semi-detached price in the Havant local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

DRIFTWOOD Sold Prices

Land registry data shows two sales for DRIFTWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Havant local authority area for the corresponding sale date. Both of the two DRIFTWOOD 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
2019 10 MAY	£210,000	£265,873	21% below HPI
2008 1 JUL	£175,000	£193,987	10% below HPI

DRIFTWOOD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Havant local authority area over time, sourced from the HPI. The two DRIFTWOOD sales from July 2008 and May 2019 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 July 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might DRIFTWOOD be worth now?

DRIFTWOOD might now be worth an estimated £269,450.

This is based on house price inflation of 28.3%, between May 2019 and February 2025, for semi-detached 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 28.3% inflationary increase is applied to the most recent sale price for DRIFTWOOD of £210,000 on 10th May 2019. For the value to have increased from £210,000 to £269,450 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of DRIFTWOOD has moved in line with the HPI for semi-detached houses in the Havant local authority area.
• The May 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of DRIFTWOOD has not materially changed since May 2019.

How Large is DRIFTWOOD?

DRIFTWOOD is 32m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of semi-detached houses houses in South Hayling, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Hayling, and where DRIFTWOOD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than DRIFTWOOD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in South Hayling.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on MARINE WALK in HAYLING ISLAND, in the PO11 postcode district. The below map shows the position of DRIFTWOOD on MARINE WALK.