OAKLANDS, LEDERLE LANE, GOSPORT, PO13 0AX - £245,000

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.

OAKLANDS is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £419,826. It was last sold for £245,000 in October 2011, which was around 11% below the average October 2011 detached price in the Gosport local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

OAKLANDS Sold Prices

Land registry data shows three sales for OAKLANDS 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 OAKLANDS 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
2011 28 OCT	£245,000	£276,649	11% below HPI
1999 1 OCT	£116,000	£130,067	11% below HPI
1998 13 JUL	£95,500	£114,450	17% below HPI

OAKLANDS 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 OAKLANDS sales between July 1998 and October 2011 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2011 sale, which was also at 11% below the HPI.

What might OAKLANDS be worth now?

OAKLANDS might now be worth an estimated £419,826.

This is based on house price inflation of 71.4%, between October 2011 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 71.4% inflationary increase is applied to the most recent sale price for OAKLANDS of £245,000 on 28th October 2011. For the value to have increased from £245,000 to £419,826 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of OAKLANDS has moved in line with the HPI for detached houses in the Gosport local authority area.
• The October 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of OAKLANDS has not materially changed since October 2011.

How Large is OAKLANDS?

OAKLANDS is 66m² according to the EPC inspection conducted in July 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 OAKLANDS lies on this distribution: 6% of detached houses houses are smaller than OAKLANDS, and 94% of houses are larger. Note that EPC data is not available for all properties in Gosport.

OAKLANDS: Plot and Title Map

OAKLANDS sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

OAKLANDS is located on LEDERLE LANE in GOSPORT, in the PO13 postcode district. The below map shows the position of OAKLANDS on LEDERLE LANE.