CORNERWAYS, GOMER LANE, GOSPORT, PO12 2QW - £534,000

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

CORNERWAYS is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £534,000 in October 2007, which was around 94% above the average October 2007 detached price in the Gosport local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows three sales for CORNERWAYS 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. All of the three CORNERWAYS 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
2007 16 OCT	£534,000	£275,357	94% above HPI
2004 23 APR	£360,000	£234,781	53% above HPI
2002 12 JUL	£249,000	£190,750	31% above HPI

CORNERWAYS 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 CORNERWAYS sales between July 2002 and October 2007 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 April 2004 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2007 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 181m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where CORNERWAYS lies on this distribution: 89% of detached houses are smaller than CORNERWAYS, and 10% of houses are larger. Note that EPC data is not available for all properties in Gosport.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on GOMER LANE in GOSPORT, in the PO12 postcode district. The below map shows the position of CORNERWAYS on GOMER LANE.