281, SPRING ROAD, SOUTHAMPTON, SO19 2NZ - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

281 SPRING ROAD is a midsized detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £367,355. It was last sold for £310,000 in September 2019, which was around 12% below the average September 2019 detached price in the Southampton local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

281 SPRING ROAD Sold Prices

Land registry data shows three sales for 281 SPRING ROAD since 1^st 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 281 SPRING 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
2019 10 SEP	£310,000	£352,359	12% below HPI
2012 13 FEB	£186,000	£246,736	25% below HPI
2009 18 DEC	£170,000	£244,029	30% below HPI

281 SPRING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Southampton local authority area over time, sourced from the HPI. The three 281 SPRING ROAD sales between December 2009 and September 2019 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 February 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 281 SPRING ROAD be worth now?

281 SPRING ROAD might now be worth an estimated £367,355.

This is based on house price inflation of 18.5%, between September 2019 and February 2025, for detached houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 281 SPRING ROAD of £310,000 on 10th September 2019. For the value to have increased from £310,000 to £367,355 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 281 SPRING ROAD has moved in line with the HPI for detached houses in the Southampton local authority area.
• The September 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 281 SPRING ROAD has not materially changed since September 2019.

How Large is 281 SPRING ROAD?

281 SPRING ROAD is 96m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses houses in Southampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southampton, and where 281 SPRING ROAD lies on this distribution: 43% of detached houses houses are smaller than 281 SPRING ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Southampton.

281 SPRING ROAD: Plot and Title Map

281 SPRING ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 281 SPRING 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 281 SPRING 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.

Where is 281 SPRING ROAD?

281 SPRING ROAD is located in SOUTHAMPTON, in the SO19 postcode district. The below map shows the position of No. 281 on SPRING ROAD.