9, SOMERVELL CLOSE, GOSPORT, PO12 2BX - £485,000

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 SOMERVELL CLOSE is a midsized detached house of 114m², built sometime between 1983 and 1990, which could now be worth an estimated £598,360. It was last sold for £485,000 in July 2017, which was around 26% above the average July 2017 detached price in the Gosport local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

9 SOMERVELL CLOSE Sold Prices

Land registry data shows two sales for 9 SOMERVELL 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 9 SOMERVELL CLOSE 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
2017 6 JUL	£485,000	£384,248	26% above HPI
2003 28 NOV	£279,000	£247,877	13% above HPI

9 SOMERVELL 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 9 SOMERVELL CLOSE sales from November 2003 and July 2017 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 November 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2017 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 9 SOMERVELL CLOSE be worth now?

9 SOMERVELL CLOSE might now be worth an estimated £598,360.

This is based on house price inflation of 23.4%, between July 2017 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 23.4% inflationary increase is applied to the most recent sale price for 9 SOMERVELL CLOSE of £485,000 on 6th July 2017. For the value to have increased from £485,000 to £598,360 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 9 SOMERVELL CLOSE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The July 2017 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SOMERVELL CLOSE has not materially changed since July 2017.

How Large is 9 SOMERVELL CLOSE?

9 SOMERVELL CLOSE is 114m² according to the EPC inspection conducted in September 2012. This puts it in the largest 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 9 SOMERVELL CLOSE lies on this distribution: 53% of detached houses houses are smaller than 9 SOMERVELL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Gosport.

9 SOMERVELL CLOSE: Plot and Title Map

9 SOMERVELL CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 9 SOMERVELL 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 9 SOMERVELL 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 9 SOMERVELL CLOSE?

9 SOMERVELL CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 9 on SOMERVELL CLOSE.