15, THE DRIVE, GOSPORT, PO13 0QB - £285,000

15 THE DRIVE is a very small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £285,000 in November 2020, which was around 31% below the average November 2020 detached price in the Gosport local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

15 THE DRIVE Sold Prices

Land registry data shows three sales for 15 THE DRIVE 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 15 THE DRIVE 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
2020 11 NOV	£285,000	£411,254	31% below HPI
2008 19 MAR	£207,000	£274,651	25% below HPI
2006 13 DEC	£167,000	£258,257	35% below HPI

15 THE DRIVE 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 15 THE DRIVE sales between December 2006 and November 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 March 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 THE DRIVE?

15 THE DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 15 THE DRIVE lies on this distribution: 20% of detached houses are smaller than 15 THE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Gosport.

15 THE DRIVE: Plot and Title Map

15 THE DRIVE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 15 THE DRIVE, 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 15 THE DRIVE). 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 15 THE DRIVE?

15 THE DRIVE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 15 on THE DRIVE.