21, SPRING LANE, SWANMORE, SOUTHAMPTON, SO32 2PT - £325,000

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

21 SPRING LANE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £325,000 in July 2014, which was around 40% below the average July 2014 detached price in the Winchester local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

21 SPRING LANE Sold Prices

Land registry data shows five sales for 21 SPRING LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Winchester local authority area for the corresponding sale date. All of the five 21 SPRING LANE 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
2014 16 JUL	£325,000	£545,631	40% below HPI
2009 7 AUG	£250,000	£420,809	41% below HPI
2004 17 DEC	£295,000	£390,474	24% below HPI
2002 22 JAN	£195,000	£296,704	34% below HPI
1996 31 MAY	£90,000	£127,753	30% below HPI

21 SPRING LANE 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 five 21 SPRING LANE sales between May 1996 and July 2014 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 August 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 21 SPRING LANE?

21 SPRING LANE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 21 SPRING LANE lies on this distribution: 3% of detached houses are smaller than 21 SPRING LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

21 SPRING LANE: Plot and Title Map

21 SPRING LANE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 21 SPRING LANE, 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 21 SPRING LANE). 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 21 SPRING LANE?

21 SPRING LANE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 21 on SPRING LANE.