22, SPRING LANE, SWANMORE, SOUTHAMPTON, SO32 2PT - £430,000

22 SPRING LANE is a small extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £430,000 in May 2016, which was around 29% below the average May 2016 detached price in the Winchester local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

22 SPRING LANE Sold Prices

Land registry data shows two sales for 22 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. Both of the two 22 SPRING 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
2016 27 MAY	£430,000	£609,038	29% below HPI
2006 3 APR	£302,000	£401,622	25% below HPI

22 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Winchester local authority area over time, sourced from the HPI. The two 22 SPRING LANE sales from April 2006 and May 2016 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 April 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 22 SPRING LANE?

22 SPRING LANE is 118m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 22 SPRING LANE lies on this distribution: 32% of detached houses are smaller than 22 SPRING LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

22 SPRING LANE: Plot and Title Map

22 SPRING LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 22 SPRING 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 22 SPRING 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 22 SPRING LANE?

22 SPRING LANE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 22 on SPRING LANE.