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

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

49 SPRING CLOSE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £367,500 in October 2018, which was around 19% 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	£451,484	19% below HPI
1998 16 JAN	£90,000	£122,428	26% below HPI
1995 18 SEP	£72,000	£96,111	25% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 49 SPRING CLOSE lies on this distribution: 45% of detached 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 0.081 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.