49, SPRING CLOSE, FAIR OAK, EASTLEIGH, SO50 7BB - £367,500

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.

49 SPRING CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £421,205. It was last sold for £367,500 in October 2018, which was around 20% below the average October 2018 detached price in the Eastleigh local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

49 SPRING CLOSE Sold Prices

Land registry data shows three sales for 49 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. All of the three 49 SPRING CLOSE 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
2018 10 OCT	£367,500	£456,784	20% below HPI
1998 16 JAN	£90,000	£123,866	27% below HPI
1995 18 SEP	£72,000	£97,239	26% below HPI

49 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The three 49 SPRING CLOSE sales between September 1995 and October 2018 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 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 49 SPRING CLOSE be worth now?

49 SPRING CLOSE might now be worth an estimated £421,205.

This is based on house price inflation of 14.6%, between October 2018 and February 2025, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.6% inflationary increase is applied to the most recent sale price for 49 SPRING CLOSE of £367,500 on 10th October 2018. For the value to have increased from £367,500 to £421,205 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 49 SPRING CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The October 2018 sale price of £367,500 represented a fair market value for the property.
• The size, condition, and specification of 49 SPRING CLOSE has not materially changed since October 2018.

How Large is 49 SPRING CLOSE?

49 SPRING CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Eastleigh, and where 49 SPRING CLOSE lies on this distribution: 45% of detached houses houses are smaller than 49 SPRING CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Eastleigh.

49 SPRING CLOSE: Plot and Title Map

49 SPRING CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 49 SPRING CLOSE, 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 49 SPRING CLOSE). 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 49 SPRING CLOSE?

49 SPRING CLOSE is located in FAIR OAK, in the SO50 postcode district. The below map shows the position of No. 49 on SPRING CLOSE.