18, FAIRWATER CLOSE, GOSPORT, PO13 0HF - £280,000

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.

18 FAIRWATER CLOSE is a midsized extended detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £339,502. It was last sold for £280,000 in June 2018, which was around 28% below the average June 2018 detached price in the Gosport local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

18 FAIRWATER CLOSE Sold Prices

Land registry data shows two sales for 18 FAIRWATER 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 18 FAIRWATER CLOSE 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
2018 15 JUN	£280,000	£387,279	28% below HPI
2001 30 MAR	£115,000	£159,380	28% below HPI

18 FAIRWATER 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 18 FAIRWATER CLOSE sales from March 2001 and June 2018 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2018 sale, which was also at 28% below the HPI.

What might 18 FAIRWATER CLOSE be worth now?

18 FAIRWATER CLOSE might now be worth an estimated £339,502.

This is based on house price inflation of 21.3%, between June 2018 and June 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 21.3% inflationary increase is applied to the most recent sale price for 18 FAIRWATER CLOSE of £280,000 on 15th June 2018. For the value to have increased from £280,000 to £339,502 over the seven years to June 2025, the following assumptions must hold true:

• The value of 18 FAIRWATER CLOSE has moved in line with the HPI for detached houses in the Gosport local authority area.
• The June 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 18 FAIRWATER CLOSE has not materially changed since June 2018.

How Large is 18 FAIRWATER CLOSE?

18 FAIRWATER CLOSE is 117m², which includes three extensions, according to the EPC inspection conducted in January 2018. 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 18 FAIRWATER CLOSE lies on this distribution: 56% of detached houses houses are smaller than 18 FAIRWATER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Gosport.

18 FAIRWATER CLOSE: Plot and Title Map

18 FAIRWATER CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 18 FAIRWATER 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 18 FAIRWATER 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 18 FAIRWATER CLOSE?

18 FAIRWATER CLOSE is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 18 on FAIRWATER CLOSE.