1, JERRAM CLOSE, GOSPORT, PO12 2QH - £415,000

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 JERRAM CLOSE is a very small extended semi-detached house of 73m², built sometime between 1950 and 1966. It was last sold for £415,000 in September 2021, which was around 49% above the average September 2021 semi-detached price in the Gosport local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

1 JERRAM CLOSE Sold Prices

Land registry data shows two sales for 1 JERRAM CLOSE 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 Gosport local authority area for the corresponding sale date. Both of the two 1 JERRAM CLOSE sales were 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
2021 30 SEP	£415,000	£277,707	49% above HPI
2017 14 NOV	£315,000	£240,748	31% above HPI

1 JERRAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gosport local authority area over time, sourced from the HPI. The two 1 JERRAM CLOSE sales from November 2017 and September 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 November 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2021 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 1 JERRAM CLOSE be worth now?

1 JERRAM CLOSE might now be worth an estimated £443,085.

This is based on house price inflation of 6.8%, between September 2021 and December 2024, for semi-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 6.8% inflationary increase is applied to the most recent sale price for 1 JERRAM CLOSE of £415,000 on 30th September 2021. For the value to have increased from £415,000 to £443,085 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 1 JERRAM CLOSE has moved in line with the HPI for semi-detached houses in the Gosport local authority area.
• The September 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JERRAM CLOSE has not materially changed since September 2021.

How Large is 1 JERRAM CLOSE?

1 JERRAM CLOSE is 73m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Gosport, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gosport, and where 1 JERRAM CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 1 JERRAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1 JERRAM CLOSE: Plot and Title Map

1 JERRAM CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 1 JERRAM 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 JERRAM 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 JERRAM CLOSE?

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