5, FAIRWATER CLOSE, GOSPORT, PO13 0HF - £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.

5 FAIRWATER CLOSE is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £413,867. It was last sold for £245,000 in August 2010, which was around 13% below the average August 2010 detached price in the Gosport local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

5 FAIRWATER CLOSE Sold Prices

Land registry data shows two sales for 5 FAIRWATER CLOSE 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 5 FAIRWATER 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
2010 10 AUG	£245,000	£280,632	13% below HPI
2006 4 AUG	£198,000	£261,532	24% below HPI

5 FAIRWATER 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 two 5 FAIRWATER CLOSE sales from August 2006 and August 2010 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 August 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2010 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 FAIRWATER CLOSE be worth now?

5 FAIRWATER CLOSE might now be worth an estimated £413,867.

This is based on house price inflation of 68.9%, between August 2010 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 68.9% inflationary increase is applied to the most recent sale price for 5 FAIRWATER CLOSE of £245,000 on 10th August 2010. For the value to have increased from £245,000 to £413,867 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 5 FAIRWATER CLOSE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The August 2010 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FAIRWATER CLOSE has not materially changed since August 2010.

How Large is 5 FAIRWATER CLOSE?

5 FAIRWATER CLOSE is 108m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 50% 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 5 FAIRWATER CLOSE lies on this distribution: 48% of detached houses houses are smaller than 5 FAIRWATER CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gosport.

5 FAIRWATER CLOSE: Plot and Title Map

5 FAIRWATER CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 5 FAIRWATER 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 5 FAIRWATER 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 5 FAIRWATER CLOSE?

5 FAIRWATER CLOSE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 5 on FAIRWATER CLOSE.