9, CORMORANT WALK, GOSPORT, PO13 0RP - £257,000

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.

9 CORMORANT WALK is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £300,728. It was last sold for £257,000 in March 2019, which was around 37% below the average March 2019 detached price in the Gosport local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

9 CORMORANT WALK Sold Prices

Land registry data shows four sales for 9 CORMORANT WALK 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. All of the four 9 CORMORANT WALK 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
2019 22 MAR	£257,000	£405,128	37% below HPI
2012 9 MAY	£173,500	£285,408	39% below HPI
2007 13 FEB	£179,000	£270,540	34% below HPI
2004 9 JAN	£127,000	£239,577	47% below HPI

9 CORMORANT WALK 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 9 CORMORANT WALK sales between January 2004 and March 2019 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 May 2012 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 9 CORMORANT WALK be worth now?

9 CORMORANT WALK might now be worth an estimated £300,728.

This is based on house price inflation of 17%, between March 2019 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 17% inflationary increase is applied to the most recent sale price for 9 CORMORANT WALK of £257,000 on 22nd March 2019. For the value to have increased from £257,000 to £300,728 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 9 CORMORANT WALK has moved in line with the HPI for detached houses in the Gosport local authority area.
• The March 2019 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CORMORANT WALK has not materially changed since March 2019.

How Large is 9 CORMORANT WALK?

9 CORMORANT WALK is 65m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 9 CORMORANT WALK lies on this distribution: 6% of detached houses houses are smaller than 9 CORMORANT WALK, and 94% of houses are larger. Note that EPC data is not available for all properties in Gosport.

9 CORMORANT WALK: Plot and Title Map

9 CORMORANT WALK sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 9 CORMORANT WALK, 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 9 CORMORANT WALK). 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 9 CORMORANT WALK?

9 CORMORANT WALK is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 9 on CORMORANT WALK.