38, WESTERN WAY, GOSPORT, PO12 2NQ - £665,000

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 WESTERN WAY is a very large extended detached house of 289m², built sometime between 1930 and 1949. It was last sold for £665,000 in May 2018, which was around 75% above the average May 2018 detached price in the Gosport local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

38 WESTERN WAY Sold Prices

Land registry data shows two sales for 38 WESTERN WAY 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 38 WESTERN WAY sales were for above 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
2018 23 MAY	£665,000	£379,862	75% above HPI
2011 23 SEP	£558,000	£266,556	109% above HPI

38 WESTERN WAY 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 38 WESTERN WAY sales from September 2011 and May 2018 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 September 2011 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the May 2018 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 38 WESTERN WAY?

38 WESTERN WAY is 289m², which includes three extensions, according to the EPC inspection conducted in November 2022. 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 38 WESTERN WAY lies on this distribution: 99% of detached houses are smaller than 38 WESTERN WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Gosport.

38 WESTERN WAY: Plot and Title Map

38 WESTERN WAY sits on a plot of roughly 0.296 of an acre, or 1,199m². The below map shows the location of 38 WESTERN WAY, 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 WESTERN WAY). 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 WESTERN WAY?

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