1, BANKSIDE, GOSPORT, PO12 2NH - £800,000

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.

1 BANKSIDE is a very large extended detached house of 214m², built sometime between 1983 and 1990, which could now be worth an estimated £947,428. It was last sold for £800,000 in May 2020, which was around 100% above the average May 2020 detached price in the Gosport local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

1 BANKSIDE Sold Prices

Land registry data shows two sales for 1 BANKSIDE 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 1 BANKSIDE 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
2020 28 MAY	£800,000	£400,900	100% above HPI
1997 15 JUL	£240,000	£102,095	135% above HPI

1 BANKSIDE 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 1 BANKSIDE sales from July 1997 and May 2020 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 July 1997 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the May 2020 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might 1 BANKSIDE be worth now?

1 BANKSIDE might now be worth an estimated £947,428.

This is based on house price inflation of 18.4%, between May 2020 and October 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 18.4% inflationary increase is applied to the most recent sale price for 1 BANKSIDE of £800,000 on 28th May 2020. For the value to have increased from £800,000 to £947,428 over the four years and seven months to October 2025, the following assumptions must hold true:

• The value of 1 BANKSIDE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The May 2020 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BANKSIDE has not materially changed since May 2020.

How Large is 1 BANKSIDE?

1 BANKSIDE is 214m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 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 1 BANKSIDE lies on this distribution: 96% of detached houses houses are smaller than 1 BANKSIDE, and 4% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1 BANKSIDE: Plot and Title Map

1 BANKSIDE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of 1 BANKSIDE, 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 1 BANKSIDE). 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 1 BANKSIDE?

1 BANKSIDE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 1 on BANKSIDE.