10, THE DRIVE, GOSPORT, PO13 0QD - £340,000

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

10 THE DRIVE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £340,000 in September 2024, which was around 30% below the average September 2024 detached price in the Gosport local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

10 THE DRIVE Sold Prices

Land registry data shows two sales for 10 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. Both of the two 10 THE DRIVE 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
2024 6 SEP	£340,000	£484,925	30% below HPI
1999 26 FEB	£72,500	£120,128	40% below HPI

10 THE DRIVE 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 two 10 THE DRIVE sales from February 1999 and September 2024 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 February 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2024 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 10 THE DRIVE be worth now?

10 THE DRIVE might now be worth an estimated £325,327.

This is based on house price deflation of 4.3%, between September 2024 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 4.3% deflationary decrease is applied to the most recent sale price for 10 THE DRIVE of £340,000 on 6th September 2024. For the value to have decreased from £340,000 to £325,327 over the nine months to December 2024, the following assumptions must hold true:

• The value of 10 THE DRIVE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The September 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE DRIVE has not materially changed since September 2024.

How Large is 10 THE DRIVE?

10 THE DRIVE is 68m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% 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 10 THE DRIVE lies on this distribution: 8% of detached houses houses are smaller than 10 THE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gosport.

10 THE DRIVE: Plot and Title Map

10 THE DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 10 THE DRIVE, 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 10 THE DRIVE). 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 10 THE DRIVE?

10 THE DRIVE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 10 on THE DRIVE.