1, SPRINGCROFT, GOSPORT, PO13 0YW - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SPRINGCROFT is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £306,968. It was last sold for £250,000 in August 2017, which was around 35% below the average August 2017 detached price in the Gosport local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGCROFT Sold Prices

Land registry data shows four sales for 1 SPRINGCROFT 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. All of the four 1 SPRINGCROFT 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
2017 16 AUG	£250,000	£386,082	35% below HPI
2014 8 SEP	£215,000	£310,896	31% below HPI
2012 13 AUG	£156,000	£281,624	45% below HPI
2004 1 SEP	£30,000	£261,191	89% below HPI

1 SPRINGCROFT 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 SPRINGCROFT sales between September 2004 and August 2017 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 September 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2017 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 SPRINGCROFT be worth now?

1 SPRINGCROFT might now be worth an estimated £306,968.

This is based on house price inflation of 22.8%, between August 2017 and February 2025, 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 22.8% inflationary increase is applied to the most recent sale price for 1 SPRINGCROFT of £250,000 on 16th August 2017. For the value to have increased from £250,000 to £306,968 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGCROFT has moved in line with the HPI for detached houses in the Gosport local authority area.
• The August 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGCROFT has not materially changed since August 2017.

How Large is 1 SPRINGCROFT?

1 SPRINGCROFT is 128m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 SPRINGCROFT lies on this distribution: 64% of detached houses houses are smaller than 1 SPRINGCROFT, and 36% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1 SPRINGCROFT: Plot and Title Map

1 SPRINGCROFT sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 1 SPRINGCROFT, 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 SPRINGCROFT). 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 SPRINGCROFT?

1 SPRINGCROFT is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 1 on SPRINGCROFT.