MERRIEMEDE, RIDERS LANE, HAVANT, PO9 3BJ - £350,000

MERRIEMEDE is a very large extended detached house of 222m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2019, which was around 18% below the average August 2019 detached price in the Havant local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

MERRIEMEDE Sold Prices

Land registry data shows two sales for MERRIEMEDE 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. One of the two MERRIEMEDE sales was for below the average price, whilst the other was 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
2019 13 AUG	£350,000	£426,655	18% below HPI
2010 18 OCT	£325,000	£294,148	10% above HPI

MERRIEMEDE 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 MERRIEMEDE sales from October 2010 and August 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 October 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is MERRIEMEDE?

MERRIEMEDE is 222m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 10% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where MERRIEMEDE lies on this distribution: 96% of detached houses are smaller than MERRIEMEDE, and 4% of houses are larger. Note that EPC data is not available for all properties in Havant.

MERRIEMEDE: Plot and Title Map

MERRIEMEDE sits on a plot of roughly 0.215 of an acre, or 872m². The below map shows the location of MERRIEMEDE, 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 MERRIEMEDE). 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 MERRIEMEDE?

MERRIEMEDE is located on RIDERS LANE in HAVANT, in the PO9 postcode district. The below map shows the position of MERRIEMEDE on RIDERS LANE.