Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 LOWER SPINNEY is a large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £500,000 in September 2019, which was around 10% above the average September 2019 detached price in the Fareham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 LOWER SPINNEY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. One of the two 1 LOWER SPINNEY sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2019 19 SEP | £500,000 | £452,917 | 10% above HPI |
2009 18 JUN | £275,000 | £280,147 | 2% below HPI |
The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 1 LOWER SPINNEY sales from June 2009 and September 2019 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 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
1 LOWER SPINNEY is 167m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 1 LOWER SPINNEY lies on this distribution: 80% of detached houses are smaller than 1 LOWER SPINNEY, and 20% of houses are larger. Note that EPC data is not available for all properties in Warsash.
1 LOWER SPINNEY sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 1 LOWER SPINNEY, 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 1 LOWER SPINNEY). 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.
1 LOWER SPINNEY is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 1 on LOWER SPINNEY.