31, MILL LANE, GOSPORT, PO12 4QG - £124,995

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.

31 MILL LANE is a very small extended terraced house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £216,730. It was last sold for £124,995 in February 2007, which was around 7% below the average February 2007 terraced price in the Gosport local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

31 MILL LANE Sold Prices

Land registry data shows four sales for 31 MILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Gosport local authority area for the corresponding sale date. Most of the four 31 MILL LANE 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
2007 12 FEB	£124,995	£135,029	7% below HPI
2005 28 OCT	£110,000	£125,211	12% below HPI
2001 6 APR	£69,995	£68,617	2% above HPI
1996 30 AUG	£41,500	£42,639	3% below HPI

31 MILL LANE 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 four 31 MILL LANE sales between August 1996 and February 2007 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 October 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2007 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 31 MILL LANE be worth now?

31 MILL LANE might now be worth an estimated £216,730.

This is based on house price inflation of 73.4%, between February 2007 and October 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 73.4% inflationary increase is applied to the most recent sale price for 31 MILL LANE of £124,995 on 12th February 2007. For the value to have increased from £124,995 to £216,730 over the seventeen years and four months to October 2025, the following assumptions must hold true:

• The value of 31 MILL LANE has moved in line with the HPI for terraced houses in the Gosport local authority area.
• The February 2007 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL LANE has not materially changed since February 2007.

How Large is 31 MILL LANE?

31 MILL LANE is 66m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 31 MILL LANE lies on this distribution: 6% of terraced houses houses are smaller than 31 MILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gosport.

31 MILL LANE: Plot and Title Map

31 MILL LANE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 31 MILL LANE, 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 31 MILL LANE). 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 31 MILL LANE?

31 MILL LANE is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 31 on MILL LANE.