5, LAUREL CLOSE, GOSPORT, PO12 4GN - £320,000

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

5 LAUREL CLOSE is a very small detached house of 49m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2016, which was around 9% below the average August 2016 detached price in the Gosport local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

5 LAUREL CLOSE Sold Prices

Land registry data shows three sales for 5 LAUREL 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. Two of the three 5 LAUREL CLOSE sales were for below the average price, whilst one was 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
2016 11 AUG	£320,000	£352,706	9% below HPI
2011 7 OCT	£247,000	£268,243	8% below HPI
2000 3 MAR	£138,000	£133,011	4% above HPI

5 LAUREL 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 5 LAUREL CLOSE sales between March 2000 and August 2016 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 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 LAUREL CLOSE?

5 LAUREL CLOSE is 49m² according to the EPC inspection conducted in March 2016. 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 5 LAUREL CLOSE lies on this distribution: 1% of detached houses are smaller than 5 LAUREL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gosport.

5 LAUREL CLOSE: Plot and Title Map

5 LAUREL CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 LAUREL 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 LAUREL 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 LAUREL CLOSE?

5 LAUREL CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 5 on LAUREL CLOSE.