33, MARTELLO CLOSE, GOSPORT, PO12 2TD - £325,000

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

33 MARTELLO CLOSE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2024, which was around 31% below the average July 2024 detached price in the Gosport local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

33 MARTELLO CLOSE Sold Prices

Land registry data shows three sales for 33 MARTELLO 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 33 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
2024 26 JUL	£325,000	£471,676	31% below HPI
2013 1 OCT	£222,000	£274,106	19% below HPI
2011 20 DEC	£165,000	£274,256	40% below HPI

33 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 three 33 MARTELLO CLOSE sales between December 2011 and July 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 October 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 33 MARTELLO CLOSE?

33 MARTELLO CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in October 2023. 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 33 MARTELLO CLOSE lies on this distribution: 8% of detached houses are smaller than 33 MARTELLO CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Gosport.

33 MARTELLO CLOSE: Plot and Title Map

33 MARTELLO CLOSE sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 33 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 33 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 33 MARTELLO CLOSE?

33 MARTELLO CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 33 on MARTELLO CLOSE.