SPINDLEWOOD, HAMDOWN CRESCENT, EAST WELLOW, ROMSEY, SO51 6BJ - £494,000

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

SPINDLEWOOD is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £494,000 in December 2020, which was around 8% below the average December 2020 detached price in the Test Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

SPINDLEWOOD Sold Prices

Land registry data shows three sales for SPINDLEWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three SPINDLEWOOD 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 3 DEC	£494,000	£537,642	8% below HPI
2003 17 JUL	£280,000	£301,108	7% below HPI
2000 23 OCT	£171,000	£213,160	20% below HPI

SPINDLEWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three SPINDLEWOOD sales between October 2000 and December 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is SPINDLEWOOD?

SPINDLEWOOD is 89m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in East Wellow, based on EPC data. The below chart shows the distribution of detached houses by size in East Wellow, and where SPINDLEWOOD lies on this distribution: 9% of detached houses are smaller than SPINDLEWOOD, and 91% of houses are larger. Note that EPC data is not available for all properties in East Wellow.

SPINDLEWOOD: Plot and Title Map

SPINDLEWOOD sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of SPINDLEWOOD, 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 SPINDLEWOOD). 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 SPINDLEWOOD?

SPINDLEWOOD is located on HAMDOWN CRESCENT in EAST WELLOW, in the SO51 postcode district. The below map shows the position of SPINDLEWOOD on HAMDOWN CRESCENT.