38, FRATER LANE, GOSPORT, PO12 4AU - £343,000

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

38 FRATER LANE is a large extended detached house of 144m², built sometime between 1930 and 1949. It was last sold for £343,000 in August 2020, which was around 14% below the average August 2020 detached price in the Gosport local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

38 FRATER LANE Sold Prices

Land registry data shows four sales for 38 FRATER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gosport local authority area for the corresponding sale date. Most of the four 38 FRATER LANE 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
2020 12 AUG	£343,000	£399,428	14% below HPI
2019 1 MAR	£335,000	£392,818	15% below HPI
2012 6 JUL	£267,000	£268,863	1% below HPI
1999 31 MAR	£117,500	£116,545	1% above HPI

38 FRATER 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 four 38 FRATER LANE sales between March 1999 and August 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 March 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 38 FRATER LANE?

38 FRATER LANE is 144m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where 38 FRATER LANE lies on this distribution: 76% of detached houses are smaller than 38 FRATER LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Gosport.

38 FRATER LANE: Plot and Title Map

38 FRATER LANE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 FRATER 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 38 FRATER 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 38 FRATER LANE?

38 FRATER LANE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 38 on FRATER LANE.