16, SPRING WAY, ALRESFORD, SO24 9LN - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 SPRING WAY is a large detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £494,929. It was last sold for £450,000 in July 2021, which was around 36% below the average July 2021 detached price in the Winchester local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

16 SPRING WAY Sold Prices

Land registry data shows two sales for 16 SPRING WAY 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 16 SPRING WAY 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 30 JUL	£450,000	£700,335	36% below HPI
2009 14 SEP	£335,000	£432,383	23% below HPI

16 SPRING WAY 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 16 SPRING WAY sales from September 2009 and July 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 September 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 16 SPRING WAY be worth now?

16 SPRING WAY might now be worth an estimated £494,929.

This is based on house price inflation of 10%, between July 2021 and February 2025, for detached houses, in the Winchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 16 SPRING WAY of £450,000 on 30th July 2021. For the value to have increased from £450,000 to £494,929 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 16 SPRING WAY has moved in line with the HPI for detached houses in the Winchester local authority area.
• The July 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRING WAY has not materially changed since July 2021.

How Large is 16 SPRING WAY?

16 SPRING WAY is 143m² according to the EPC inspection conducted in January 2021. This puts it in the largest 30% of detached houses houses in New Alresford, based on EPC data. The below chart shows the distribution of detached houses houses by size in New Alresford, and where 16 SPRING WAY lies on this distribution: 71% of detached houses houses are smaller than 16 SPRING WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in New Alresford.

16 SPRING WAY: Plot and Title Map

16 SPRING WAY sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 16 SPRING WAY, 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 WAY). 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 WAY?

16 SPRING WAY is located in ALRESFORD, in the SO24 postcode district. The below map shows the position of No. 16 on SPRING WAY.