1A, GRAYS CLOSE, GOSPORT, PO12 2QL - £240,000

1A GRAYS CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2019, which was around 38% below the average October 2019 detached price in the Gosport local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

1A GRAYS CLOSE Sold Prices

Land registry data shows two sales for 1A GRAYS 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 1A GRAYS 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
2019 4 OCT	£240,000	£389,847	38% below HPI
2008 2 MAY	£175,000	£278,094	37% below HPI

1A GRAYS 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 1A GRAYS CLOSE sales from May 2008 and October 2019 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 May 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1A GRAYS CLOSE?

1A GRAYS CLOSE is 51m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Gosport, based on EPC data. The below chart shows the distribution of detached houses by size in Gosport, and where 1A GRAYS CLOSE lies on this distribution: 1% of detached houses are smaller than 1A GRAYS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gosport.

1A GRAYS CLOSE: Plot and Title Map

1A GRAYS CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 1A GRAYS 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 1A GRAYS 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 1A GRAYS CLOSE?

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