31, SPRING LANE, SWANMORE, SOUTHAMPTON, SO32 2PT - £425,000

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

31 SPRING LANE is a small detached house of 109m², built sometime between 1976 and 1982. It was last sold for £425,000 in June 2021, which was around 37% below the average June 2021 detached price in the Winchester local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

31 SPRING LANE Sold Prices

Land registry data shows two sales for 31 SPRING LANE 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 31 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
2021 29 JUN	£425,000	£676,687	37% below HPI
2014 10 JAN	£325,000	£513,073	37% below HPI

31 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 two 31 SPRING LANE sales from January 2014 and June 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 January 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, which was also at 37% below the HPI.

How Large is 31 SPRING LANE?

31 SPRING LANE is 109m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% of detached houses in Swanmore, based on EPC data. The below chart shows the distribution of detached houses by size in Swanmore, and where 31 SPRING LANE lies on this distribution: 26% of detached houses are smaller than 31 SPRING LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Swanmore.

31 SPRING LANE: Plot and Title Map

31 SPRING LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 31 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 31 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 31 SPRING LANE?

31 SPRING LANE is located in SWANMORE, in the SO32 postcode district. The below map shows the position of No. 31 on SPRING LANE.