2A, SPRING GARDEN LANE, GOSPORT, PO12 1HY - £430,000

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

2A SPRING GARDEN LANE is a very large extended detached house of 194m², built sometime before 1900. It was last sold for £430,000 in July 2020, which was around 10% above the average July 2020 detached price in the Gosport local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

2A SPRING GARDEN LANE Sold Prices

Land registry data shows three sales for 2A SPRING GARDEN LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. Two of the three 2A SPRING GARDEN LANE sales were for above the average price, whilst one was 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
2020 24 JUL	£430,000	£391,600	10% above HPI
2017 11 OCT	£375,000	£380,441	1% below HPI
1997 5 NOV	£110,000	£107,139	3% above HPI

2A SPRING GARDEN LANE 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 three 2A SPRING GARDEN LANE sales between November 1997 and July 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 October 2017 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2A SPRING GARDEN LANE?

2A SPRING GARDEN LANE is 194m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 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 2A SPRING GARDEN LANE lies on this distribution: 93% of detached houses are smaller than 2A SPRING GARDEN LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Gosport.

2A SPRING GARDEN LANE: Plot and Title Map

2A SPRING GARDEN LANE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2A SPRING GARDEN 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 2A SPRING GARDEN 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.

Where is 2A SPRING GARDEN LANE?

2A SPRING GARDEN LANE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 2A on SPRING GARDEN LANE.