3, WOODWARD CLOSE, GOSPORT, PO12 3SH - £245,000

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.

3 WOODWARD CLOSE is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £373,580. It was last sold for £245,000 in September 2014, which was around 21% below the average September 2014 detached price in the Gosport local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

3 WOODWARD CLOSE Sold Prices

Land registry data shows three sales for 3 WOODWARD CLOSE 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. All of the three 3 WOODWARD 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
2014 29 SEP	£245,000	£310,896	21% below HPI
2011 16 DEC	£245,000	£282,850	13% below HPI
1997 19 DEC	£89,000	£111,827	20% below HPI

3 WOODWARD 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 three 3 WOODWARD CLOSE sales between December 1997 and September 2014 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 December 2011 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 WOODWARD CLOSE be worth now?

3 WOODWARD CLOSE might now be worth an estimated £373,580.

This is based on house price inflation of 52.5%, between September 2014 and February 2025, 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 52.5% inflationary increase is applied to the most recent sale price for 3 WOODWARD CLOSE of £245,000 on 29th September 2014. For the value to have increased from £245,000 to £373,580 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 WOODWARD CLOSE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The September 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WOODWARD CLOSE has not materially changed since September 2014.

How Large is 3 WOODWARD CLOSE?

3 WOODWARD CLOSE is 92m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% 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 3 WOODWARD CLOSE lies on this distribution: 32% of detached houses houses are smaller than 3 WOODWARD CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Gosport.

3 WOODWARD CLOSE: Plot and Title Map

3 WOODWARD CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 3 WOODWARD 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 3 WOODWARD 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 3 WOODWARD CLOSE?

3 WOODWARD CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 3 on WOODWARD CLOSE.