51, MILL LANE, GOSPORT, PO12 4QG - £259,950

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.

51 MILL LANE is a large extended detached house of 143m², built sometime between 1950 and 1966, which could now be worth an estimated £393,239. It was last sold for £259,950 in December 2014, which was around 17% below the average December 2014 detached price in the Gosport local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

51 MILL LANE Sold Prices

Land registry data shows two sales for 51 MILL LANE 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 51 MILL 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
2014 15 DEC	£259,950	£313,376	17% below HPI
1998 12 OCT	£67,000	£115,635	42% below HPI

51 MILL 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 two 51 MILL LANE sales from October 1998 and December 2014 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 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 51 MILL LANE be worth now?

51 MILL LANE might now be worth an estimated £393,239.

This is based on house price inflation of 51.3%, between December 2014 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 51.3% inflationary increase is applied to the most recent sale price for 51 MILL LANE of £259,950 on 15th December 2014. For the value to have increased from £259,950 to £393,239 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 51 MILL LANE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The December 2014 sale price of £259,950 represented a fair market value for the property.
• The size, condition, and specification of 51 MILL LANE has not materially changed since December 2014.

How Large is 51 MILL LANE?

51 MILL LANE is 143m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% 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 51 MILL LANE lies on this distribution: 75% of detached houses houses are smaller than 51 MILL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Gosport.

51 MILL LANE: Plot and Title Map

51 MILL LANE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 51 MILL 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 51 MILL 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 51 MILL LANE?

51 MILL LANE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 51 on MILL LANE.