10, SPRING LANE, SWANMORE, SOUTHAMPTON, SO32 2PT - £405,000

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

10 SPRING LANE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £405,000 in March 2021, which was around 39% below the average March 2021 detached price in the Winchester local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

10 SPRING LANE Sold Prices

Land registry data shows three sales for 10 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the three 10 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
2021 24 MAR	£405,000	£664,172	39% below HPI
2014 27 AUG	£249,950	£557,982	55% below HPI
2013 1 NOV	£275,000	£487,471	44% below HPI

10 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 three 10 SPRING LANE sales between November 2013 and March 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 August 2014 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the March 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 10 SPRING LANE?

10 SPRING LANE is 76m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 10 SPRING LANE lies on this distribution: 3% of detached houses are smaller than 10 SPRING LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

10 SPRING LANE: Plot and Title Map

10 SPRING LANE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 10 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 10 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 10 SPRING LANE?

10 SPRING LANE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 10 on SPRING LANE.