SPRINGFIELDS, POUND LANE, MEONSTOKE, SOUTHAMPTON, SO32 3NP - £875,000

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

SPRINGFIELDS is a very small detached house of 130m², built sometime between 1983 and 1990. It was last sold for £875,000 in March 2012, which was around 83% above the average March 2012 detached price in the Winchester local authority area. The most recent EPC inspection was March 2009, where the current energy rating was G, and the potential energy rating was F.

SPRINGFIELDS Sold Prices

Land registry data shows two sales for SPRINGFIELDS 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 SPRINGFIELDS 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
2012 26 MAR	£875,000	£478,643	83% above HPI
2009 14 AUG	£590,000	£420,809	40% above HPI

SPRINGFIELDS 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 SPRINGFIELDS sales from August 2009 and March 2012 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 August 2009 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2012 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 130m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Meonstoke, based on EPC data. The below chart shows the distribution of detached houses by size in Meonstoke, and where SPRINGFIELDS lies on this distribution: 17% of detached houses are smaller than SPRINGFIELDS, and 83% of houses are larger. Note that EPC data is not available for all properties in Meonstoke.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 1.9 acres, or 7,650m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

SPRINGFIELDS is located on POUND LANE in MEONSTOKE, in the SO32 postcode district. The below map shows the position of SPRINGFIELDS on POUND LANE.