16, SPRING CLOSE, FAIR OAK, EASTLEIGH, SO50 7BB - £270,000

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.

16 SPRING CLOSE is a very small extended semi-detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £337,205. It was last sold for £270,000 in March 2017, which was about the average March 2017 semi-detached price in the Eastleigh local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

16 SPRING CLOSE Sold Prices

Land registry data shows two sales for 16 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Eastleigh local authority area for the corresponding sale date. One of the two 16 SPRING CLOSE sales was roughly equal to the average price, whilst the other was for above 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
2017 24 MAR	£270,000	£270,775	Close to HPI
2000 7 JUL	£115,000	£101,102	14% above HPI

16 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 16 SPRING CLOSE sales from July 2000 and March 2017 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 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 16 SPRING CLOSE be worth now?

16 SPRING CLOSE might now be worth an estimated £337,205.

This is based on house price inflation of 24.9%, between March 2017 and February 2025, for semi-detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 16 SPRING CLOSE of £270,000 on 24th March 2017. For the value to have increased from £270,000 to £337,205 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 16 SPRING CLOSE has moved in line with the HPI for semi-detached houses in the Eastleigh local authority area.
• The March 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRING CLOSE has not materially changed since March 2017.

How Large is 16 SPRING CLOSE?

16 SPRING CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of semi-detached houses houses in Eastleigh, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eastleigh, and where 16 SPRING CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 16 SPRING CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

16 SPRING CLOSE: Plot and Title Map

16 SPRING CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 SPRING CLOSE, 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 16 SPRING CLOSE). 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 16 SPRING CLOSE?

16 SPRING CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 16 on SPRING CLOSE.