12, SPRING LANE, SWANMORE, SOUTHAMPTON, SO32 2PT - £412,000

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

12 SPRING LANE is a very small detached house of 96m², built sometime between 1976 and 1982. It was last sold for £412,000 in September 2016, which was around 35% below the average September 2016 detached price in the Winchester local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 SPRING LANE Sold Prices

Land registry data shows four sales for 12 SPRING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the four 12 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 30 SEP	£412,000	£629,030	35% below HPI
2014 14 JUL	£325,000	£545,631	40% below HPI
2002 30 JAN	£184,100	£296,704	38% below HPI
1995 15 DEC	£92,000	£134,825	32% below HPI

12 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 four 12 SPRING LANE sales between December 1995 and September 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 July 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2016 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 SPRING LANE?

12 SPRING LANE is 96m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 12 SPRING LANE lies on this distribution: 16% of detached houses are smaller than 12 SPRING LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

12 SPRING LANE: Plot and Title Map

12 SPRING LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 12 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 12 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 12 SPRING LANE?

12 SPRING LANE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 12 on SPRING LANE.