29, THE DRIVE, GOSPORT, PO13 0QB - £265,000

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

29 THE DRIVE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £265,000 in May 2024, which was around 43% below the average May 2024 detached price in the Gosport local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

29 THE DRIVE Sold Prices

Land registry data shows two sales for 29 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 29 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 17 MAY	£265,000	£465,563	43% below HPI
1998 17 JUL	£69,500	£114,450	39% below HPI

29 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 29 THE DRIVE sales from July 1998 and May 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 July 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 29 THE DRIVE be worth now?

29 THE DRIVE might now be worth an estimated £264,109.

This is based on house price deflation of 0.3%, between May 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 0.3% deflationary decrease is applied to the most recent sale price for 29 THE DRIVE of £265,000 on 17th May 2024. For the value to have decreased from £265,000 to £264,109 over the five months to December 2024, the following assumptions must hold true:

• The value of 29 THE DRIVE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The May 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 29 THE DRIVE has not materially changed since May 2024.

How Large is 29 THE DRIVE?

29 THE DRIVE is 79m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% 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 29 THE DRIVE lies on this distribution: 18% of detached houses houses are smaller than 29 THE DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gosport.

29 THE DRIVE: Plot and Title Map

29 THE DRIVE sits on a plot of roughly 38.1 acres, or 154,214m². The below map shows the location of 29 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 29 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 29 THE DRIVE?

29 THE DRIVE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 29 on THE DRIVE.