Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1F SPEAR ROAD is a large extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £200,000 in November 2010, which was around 22% below the average November 2010 detached price in the Southampton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 1F SPEAR ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Southampton local authority area for the corresponding sale date. All of the three 1F SPEAR ROAD 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 |
---|---|---|---|
2010 2 NOV | £200,000 | £258,000 | 22% below HPI |
2000 7 JAN | £94,750 | £124,618 | 24% below HPI |
1999 15 JUN | £92,500 | £108,179 | 14% below HPI |
The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 1F SPEAR ROAD sales between June 1999 and November 2010 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 January 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2010 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
1F SPEAR ROAD is 117m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses by size in Southampton, and where 1F SPEAR ROAD lies on this distribution: 64% of detached houses are smaller than 1F SPEAR ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Southampton.
1F SPEAR ROAD sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 1F SPEAR ROAD, 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 1F SPEAR ROAD). 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.
1F SPEAR ROAD is located in SOUTHAMPTON, in the SO14 postcode district. The below map shows the position of No. 1F on SPEAR ROAD.