7, SPRINGVALE RISE, KINGS WORTHY, WINCHESTER, SO23 7GZ - £770,000

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

7 SPRINGVALE RISE is a large detached house of 147m², built in 2020. It was last sold for £770,000 in June 2023, which was around 3% above the average June 2023 detached price in the Winchester local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

7 SPRINGVALE RISE Sold Prices

Land registry data shows two sales for 7 SPRINGVALE RISE 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 7 SPRINGVALE RISE sales were for above 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
2023 16 JUN	£770,000	£750,496	3% above HPI
2021 9 APR	£685,000	£656,308	4% above HPI

7 SPRINGVALE RISE 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 7 SPRINGVALE RISE sales from April 2021 and June 2023 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 April 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2023 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 SPRINGVALE RISE?

7 SPRINGVALE RISE is 147m² according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Springvale, based on EPC data. The below chart shows the distribution of detached houses by size in Springvale, and where 7 SPRINGVALE RISE lies on this distribution: 71% of detached houses are smaller than 7 SPRINGVALE RISE, and 29% of houses are larger. Note that EPC data is not available for all properties in Springvale.

7 SPRINGVALE RISE: Plot and Title Map

7 SPRINGVALE RISE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 SPRINGVALE RISE, 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 7 SPRINGVALE RISE). 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 7 SPRINGVALE RISE?

7 SPRINGVALE RISE is located in KINGS WORTHY, in the SO23 postcode district. The below map shows the position of No. 7 on SPRINGVALE RISE.