1, GRAYS CLOSE, GOSPORT, PO12 2QL - £517,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRAYS CLOSE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £517,500 in April 2021, which was around 23% above the average April 2021 detached price in the Gosport local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

1 GRAYS CLOSE Sold Prices

Land registry data shows four sales for 1 GRAYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. two of the four 1 GRAYS CLOSE sales were for above the average price, and four 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
2021 23 APR	£517,500	£420,566	23% above HPI
2018 23 MAR	£435,000	£400,373	9% above HPI
2010 30 APR	£240,000	£272,110	12% below HPI
2009 9 JAN	£240,000	£243,896	2% below HPI

1 GRAYS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gosport local authority area over time, sourced from the HPI. The four 1 GRAYS CLOSE sales between January 2009 and April 2021 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 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 1 GRAYS CLOSE be worth now?

1 GRAYS CLOSE might now be worth an estimated £570,942.

This is based on house price inflation of 10.3%, between April 2021 and December 2024, for detached houses, in the Gosport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.3% inflationary increase is applied to the most recent sale price for 1 GRAYS CLOSE of £517,500 on 23rd April 2021. For the value to have increased from £517,500 to £570,942 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 1 GRAYS CLOSE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The April 2021 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAYS CLOSE has not materially changed since April 2021.

How Large is 1 GRAYS CLOSE?

1 GRAYS CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosport, and where 1 GRAYS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 1 GRAYS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1 GRAYS CLOSE: Plot and Title Map

1 GRAYS CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 1 GRAYS 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 1 GRAYS 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 1 GRAYS CLOSE?

1 GRAYS CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 1 on GRAYS CLOSE.