24, MARTELLO CLOSE, GOSPORT, PO12 2TD - £197,000

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.

24 MARTELLO CLOSE is a very small terraced house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £246,952. It was last sold for £197,000 in August 2017, which was around 8% above the average August 2017 terraced price in the Gosport local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

24 MARTELLO CLOSE Sold Prices

Land registry data shows two sales for 24 MARTELLO CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gosport local authority area for the corresponding sale date. Both of the two 24 MARTELLO CLOSE 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
2017 11 AUG	£197,000	£183,226	8% above HPI
2012 8 NOV	£157,000	£131,738	19% above HPI

24 MARTELLO CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gosport local authority area over time, sourced from the HPI. The two 24 MARTELLO CLOSE sales from November 2012 and August 2017 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 November 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2017 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 24 MARTELLO CLOSE be worth now?

24 MARTELLO CLOSE might now be worth an estimated £246,952.

This is based on house price inflation of 25.4%, between August 2017 and June 2025, for terraced 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 25.4% inflationary increase is applied to the most recent sale price for 24 MARTELLO CLOSE of £197,000 on 11th August 2017. For the value to have increased from £197,000 to £246,952 over the eight years and two months to June 2025, the following assumptions must hold true:

• The value of 24 MARTELLO CLOSE has moved in line with the HPI for terraced houses in the Gosport local authority area.
• The August 2017 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MARTELLO CLOSE has not materially changed since August 2017.

How Large is 24 MARTELLO CLOSE?

24 MARTELLO CLOSE is 65m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of terraced houses houses in Gosport, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gosport, and where 24 MARTELLO CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 24 MARTELLO CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gosport.

24 MARTELLO CLOSE: Plot and Title Map

24 MARTELLO CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 24 MARTELLO 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 24 MARTELLO 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 24 MARTELLO CLOSE?

24 MARTELLO CLOSE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 24 on MARTELLO CLOSE.