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
162 WYCH LANE is a small semi-detached house of 84m², built sometime between 1930 and 1949. It was last sold for £270,000 in March 2022, which was around 40% below the average March 2022 detached price in the Gosport local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 162 WYCH LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. All of the six 162 WYCH LANE 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 |
---|---|---|---|
2022 18 MAR | £270,000 | £451,573 | 40% below HPI |
2019 23 APR | £221,500 | £391,152 | 43% below HPI |
2015 19 NOV | £187,000 | £323,927 | 42% below HPI |
2005 31 MAY | £144,000 | £246,773 | 42% below HPI |
2002 20 DEC | £123,500 | £219,731 | 44% below HPI |
1997 17 DEC | £63,000 | £108,429 | 42% below HPI |
The below graph shows the average detached house price in the Gosport local authority area over time, sourced from the HPI. The six 162 WYCH LANE sales between December 1997 and March 2022 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 April 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
162 WYCH LANE is 84m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where 162 WYCH LANE lies on this distribution: 24% of detached houses are smaller than 162 WYCH LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Gosport.
162 WYCH LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 162 WYCH LANE, 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 162 WYCH LANE). 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.
162 WYCH LANE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 162 on WYCH LANE.