25, MARTELLO CLOSE, GOSPORT, PO12 2TD - £230,000

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

25 MARTELLO CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £230,000 in January 2013, which was around 14% below the average January 2013 detached price in the Gosport local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

25 MARTELLO CLOSE Sold Prices

Land registry data shows two sales for 25 MARTELLO CLOSE 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 25 MARTELLO CLOSE 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
2013 30 JAN	£230,000	£266,678	14% below HPI
2008 28 MAY	£163,000	£278,094	41% below HPI

25 MARTELLO CLOSE 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 25 MARTELLO CLOSE sales from May 2008 and January 2013 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 May 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 25 MARTELLO CLOSE?

25 MARTELLO CLOSE is 65m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where 25 MARTELLO CLOSE lies on this distribution: 6% of detached houses are smaller than 25 MARTELLO CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gosport.

25 MARTELLO CLOSE: Plot and Title Map

25 MARTELLO CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 25 MARTELLO CLOSE, 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 25 MARTELLO CLOSE). 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 25 MARTELLO CLOSE?

25 MARTELLO CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 25 on MARTELLO CLOSE.