8, STAPLERS REACH, GOSPORT, PO13 0EY - £325,000

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.

8 STAPLERS REACH is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £352,893. It was last sold for £325,000 in June 2021, which was around 25% below the average June 2021 detached price in the Gosport local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

8 STAPLERS REACH Sold Prices

Land registry data shows two sales for 8 STAPLERS REACH 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 8 STAPLERS REACH 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
2021 29 JUN	£325,000	£432,463	25% below HPI
2019 1 MAR	£205,000	£405,128	49% below HPI

8 STAPLERS REACH 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 8 STAPLERS REACH sales from March 2019 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 March 2019 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 STAPLERS REACH be worth now?

8 STAPLERS REACH might now be worth an estimated £352,893.

This is based on house price inflation of 8.6%, between June 2021 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 8.6% inflationary increase is applied to the most recent sale price for 8 STAPLERS REACH of £325,000 on 29th June 2021. For the value to have increased from £325,000 to £352,893 over the four years to June 2025, the following assumptions must hold true:

• The value of 8 STAPLERS REACH has moved in line with the HPI for detached houses in the Gosport local authority area.
• The June 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STAPLERS REACH has not materially changed since June 2021.

How Large is 8 STAPLERS REACH?

8 STAPLERS REACH is 59m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% 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 8 STAPLERS REACH lies on this distribution: 2% of detached houses houses are smaller than 8 STAPLERS REACH, and 98% of houses are larger. Note that EPC data is not available for all properties in Gosport.

8 STAPLERS REACH: Plot and Title Map

8 STAPLERS REACH sits on a plot of roughly 38.1 acres, or 154,214m². The below map shows the location of 8 STAPLERS REACH, 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 8 STAPLERS REACH). 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 8 STAPLERS REACH?

8 STAPLERS REACH is located in GOSPORT, in the PO13 postcode district. The below map shows the position of No. 8 on STAPLERS REACH.