38A, SPRING LANE, COLDEN COMMON, WINCHESTER, SO21 1SD - £445,000

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

38A SPRING LANE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £445,000 in June 2020, which was around 31% below the average June 2020 detached price in the Winchester local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

38A SPRING LANE Sold Prices

Land registry data shows two sales for 38A 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 38A 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
2020 30 JUN	£445,000	£648,545	31% below HPI
1997 8 JUL	£125,000	£159,041	21% below HPI

38A 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 38A SPRING LANE sales from July 1997 and June 2020 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 July 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 38A SPRING LANE?

38A SPRING LANE is 122m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of detached houses in Colden Common, based on EPC data. The below chart shows the distribution of detached houses by size in Colden Common, and where 38A SPRING LANE lies on this distribution: 58% of detached houses are smaller than 38A SPRING LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Colden Common.

38A SPRING LANE: Plot and Title Map

38A SPRING LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 38A 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 38A 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 38A SPRING LANE?

38A SPRING LANE is located in COLDEN COMMON, in the SO21 postcode district. The below map shows the position of No. 38A on SPRING LANE.