4, ROYAL ENGINEERS MEWS, GOSPORT, PO12 1GN - £247,500

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.

4 ROYAL ENGINEERS MEWS is a small extended terraced house of 84m², built sometime between 2007 and 2011, which could now be worth an estimated £270,935. It was last sold for £247,500 in June 2021, which was around 18% above the average June 2021 terraced price in the Gosport local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 ROYAL ENGINEERS MEWS Sold Prices

Land registry data shows three sales for 4 ROYAL ENGINEERS MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gosport local authority area for the corresponding sale date. All of the three 4 ROYAL ENGINEERS MEWS 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
2021 4 JUN	£247,500	£209,818	18% above HPI
2018 20 JUN	£220,000	£183,597	20% above HPI
2013 4 OCT	£185,000	£134,911	37% above HPI

4 ROYAL ENGINEERS MEWS 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 three 4 ROYAL ENGINEERS MEWS sales between October 2013 and June 2021 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 June 2018 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 4 ROYAL ENGINEERS MEWS be worth now?

4 ROYAL ENGINEERS MEWS might now be worth an estimated £270,935.

This is based on house price inflation of 9.5%, between June 2021 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 9.5% inflationary increase is applied to the most recent sale price for 4 ROYAL ENGINEERS MEWS of £247,500 on 4th June 2021. For the value to have increased from £247,500 to £270,935 over the four years to June 2025, the following assumptions must hold true:

• The value of 4 ROYAL ENGINEERS MEWS has moved in line with the HPI for terraced houses in the Gosport local authority area.
• The June 2021 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ROYAL ENGINEERS MEWS has not materially changed since June 2021.

How Large is 4 ROYAL ENGINEERS MEWS?

4 ROYAL ENGINEERS MEWS is 84m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% 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 4 ROYAL ENGINEERS MEWS lies on this distribution: 24% of terraced houses houses are smaller than 4 ROYAL ENGINEERS MEWS, and 75% of houses are larger. Note that EPC data is not available for all properties in Gosport.

4 ROYAL ENGINEERS MEWS: Plot and Title Map

4 ROYAL ENGINEERS MEWS sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 4 ROYAL ENGINEERS MEWS, 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 4 ROYAL ENGINEERS MEWS). 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 4 ROYAL ENGINEERS MEWS?

4 ROYAL ENGINEERS MEWS is located in GOSPORT, in the PO12 postcode district. The below map shows the position of No. 4 on ROYAL ENGINEERS MEWS.