2, THE CROSSWAYS, GOSPORT, PO12 4RJ - £179,000

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.

2 THE CROSSWAYS is a small extended terraced house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £214,270. It was last sold for £179,000 in May 2020, which was around 5% below the average May 2020 terraced price in the Gosport local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE CROSSWAYS Sold Prices

Land registry data shows eight sales for 2 THE CROSSWAYS since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average terraced price in the Gosport local authority area for the corresponding sale date. The eight 2 THE CROSSWAYS sales were a mix of below the average price, roughly equal to the average price, and 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
2020 1 MAY	£179,000	£188,882	5% below HPI
2015 27 MAR	£150,000	£149,625	Close to HPI
2013 1 NOV	£133,000	£138,445	4% below HPI
2007 15 AUG	£138,000	£141,632	3% below HPI
2004 2 JUL	£129,000	£118,007	9% above HPI
2003 18 DEC	£121,000	£109,287	11% above HPI
1999 29 OCT	£59,995	£56,322	7% above HPI
1998 4 DEC	£53,000	£51,425	3% above HPI

2 THE CROSSWAYS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gosport local authority area over time, sourced from the HPI. The eight 2 THE CROSSWAYS sales between December 1998 and May 2020 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 March 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 THE CROSSWAYS be worth now?

2 THE CROSSWAYS might now be worth an estimated £214,270.

This is based on house price inflation of 19.7%, between May 2020 and July 2025, for terraced 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 19.7% inflationary increase is applied to the most recent sale price for 2 THE CROSSWAYS of £179,000 on 1st May 2020. For the value to have increased from £179,000 to £214,270 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 2 THE CROSSWAYS has moved in line with the HPI for terraced houses in the Gosport local authority area.
• The May 2020 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE CROSSWAYS has not materially changed since May 2020.

How Large is 2 THE CROSSWAYS?

2 THE CROSSWAYS is 92m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of terraced houses houses in Gosport, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gosport, and where 2 THE CROSSWAYS lies on this distribution: 32% of terraced houses houses are smaller than 2 THE CROSSWAYS, and 67% of houses are larger. Note that EPC data is not available for all properties in Gosport.

2 THE CROSSWAYS: Plot and Title Map

2 THE CROSSWAYS sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 THE CROSSWAYS, 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 2 THE CROSSWAYS). 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 2 THE CROSSWAYS?

2 THE CROSSWAYS is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 2 on THE CROSSWAYS.