2, SPRINGFIELD GROVE, HOLBURY, SOUTHAMPTON, SO45 2LJ - £475,000

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

2 SPRINGFIELD GROVE is a very large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £475,000 in December 2022, which was around 19% below the average December 2022 detached price in the New Forest local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 SPRINGFIELD GROVE Sold Prices

Land registry data shows three sales for 2 SPRINGFIELD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 2 SPRINGFIELD GROVE 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
2022 15 DEC	£475,000	£586,595	19% below HPI
2020 25 SEP	£450,000	£491,344	8% below HPI
2006 26 MAY	£215,000	£305,767	30% below HPI

2 SPRINGFIELD GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 2 SPRINGFIELD GROVE sales between May 2006 and December 2022 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 SPRINGFIELD GROVE?

2 SPRINGFIELD GROVE is 126m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 2 SPRINGFIELD GROVE lies on this distribution: 82% of detached houses are smaller than 2 SPRINGFIELD GROVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Holbury.

2 SPRINGFIELD GROVE: Plot and Title Map

2 SPRINGFIELD GROVE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of 2 SPRINGFIELD GROVE, 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 2 SPRINGFIELD GROVE). 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 2 SPRINGFIELD GROVE?

2 SPRINGFIELD GROVE is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 2 on SPRINGFIELD GROVE.