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

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

16 SPRING WAY is a large detached house of 143m², built sometime between 1967 and 1975. It was last sold for £450,000 in July 2021, which was around 35% 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	£687,269	35% below HPI
2009 14 SEP	£335,000	£424,316	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

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 in New Alresford, based on EPC data. The below chart shows the distribution of detached houses by size in New Alresford, and where 16 SPRING WAY lies on this distribution: 72% of detached houses are smaller than 16 SPRING WAY, and 28% 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.