1, MELVILLE ROAD, GOSPORT, PO12 4QU - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MELVILLE ROAD is a small detached house of 96m², built sometime between 1930 and 1949. It was last sold for £240,000 in September 2019, which was around 39% below the average September 2019 detached price in the Gosport local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was C.

1 MELVILLE ROAD Sold Prices

Land registry data shows three sales for 1 MELVILLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. All of the three 1 MELVILLE ROAD 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 3 SEP	£240,000	£390,723	39% below HPI
2018 25 JUN	£238,000	£375,512	37% below HPI
2000 11 FEB	£86,950	£127,643	32% below HPI

1 MELVILLE ROAD 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 three 1 MELVILLE ROAD sales between February 2000 and September 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 June 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 MELVILLE ROAD?

1 MELVILLE ROAD is 96m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where 1 MELVILLE ROAD lies on this distribution: 37% of detached houses are smaller than 1 MELVILLE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1 MELVILLE ROAD: Plot and Title Map

1 MELVILLE ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 1 MELVILLE ROAD, 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 MELVILLE ROAD). 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 MELVILLE ROAD?

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