4, LOWER SPINNEY, WARSASH, SOUTHAMPTON, SO31 9NL - £240,000

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

4 LOWER SPINNEY is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £240,000 in October 2006, which was around 20% below the average October 2006 detached price in the Fareham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

4 LOWER SPINNEY Sold Prices

Land registry data shows three sales for 4 LOWER SPINNEY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 4 LOWER SPINNEY 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
2006 13 OCT	£240,000	£300,496	20% below HPI
2003 14 FEB	£207,000	£259,077	20% below HPI
1999 15 APR	£104,950	£134,961	22% below HPI

4 LOWER SPINNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The three 4 LOWER SPINNEY sales between April 1999 and October 2006 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 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2006 sale, which was also at 20% below the HPI.

How Large is 4 LOWER SPINNEY?

4 LOWER SPINNEY is 114m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 4 LOWER SPINNEY lies on this distribution: 44% of detached houses are smaller than 4 LOWER SPINNEY, and 56% of houses are larger. Note that EPC data is not available for all properties in Warsash.

4 LOWER SPINNEY: Plot and Title Map

4 LOWER SPINNEY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 4 LOWER SPINNEY, 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 4 LOWER SPINNEY). 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 4 LOWER SPINNEY?

4 LOWER SPINNEY is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 4 on LOWER SPINNEY.