THE OAKWOOD, HOOKS LANE, HAVANT, PO9 3DT - £355,000

THE OAKWOOD is a very small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £355,000 in October 2023, which was around 33% below the average October 2023 detached price in the Havant local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

THE OAKWOOD Sold Prices

Land registry data shows five sales for THE OAKWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Havant local authority area for the corresponding sale date. All of the five THE OAKWOOD 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
2023 16 OCT	£355,000	£526,225	33% below HPI
2019 4 MAR	£245,000	£413,722	41% below HPI
2006 16 JUN	£196,000	£273,123	28% below HPI
1998 3 NOV	£89,950	£123,110	27% below HPI
1996 16 DEC	£74,995	£100,185	25% below HPI

THE OAKWOOD 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 five THE OAKWOOD sales between December 1996 and October 2023 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 March 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is THE OAKWOOD?

THE OAKWOOD is 87m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Havant, based on EPC data. The below chart shows the distribution of detached houses by size in Havant, and where THE OAKWOOD lies on this distribution: 13% of detached houses are smaller than THE OAKWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Havant.

THE OAKWOOD: Plot and Title Map

THE OAKWOOD sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of THE OAKWOOD, 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 THE OAKWOOD). 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 THE OAKWOOD?

THE OAKWOOD is located on HOOKS LANE in HAVANT, in the PO9 postcode district. The below map shows the position of THE OAKWOOD on HOOKS LANE.