2, SPREADBURY DRIVE, FLEET, GU51 1JA - £420,000

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.

2 SPREADBURY DRIVE is a small semi-detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £620,954. It was last sold for £420,000 in November 2014, which was around 29% above the average November 2014 semi-detached price in the Hart local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

2 SPREADBURY DRIVE Sold Prices

Land registry data shows three sales for 2 SPREADBURY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hart local authority area for the corresponding sale date. All of the three 2 SPREADBURY DRIVE 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
2014 6 NOV	£420,000	£325,385	29% above HPI
2010 15 JUL	£355,000	£262,135	35% above HPI
2003 21 NOV	£309,995	£205,236	51% above HPI

2 SPREADBURY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hart local authority area over time, sourced from the HPI. The three 2 SPREADBURY DRIVE sales between November 2003 and November 2014 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 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 2 SPREADBURY DRIVE be worth now?

2 SPREADBURY DRIVE might now be worth an estimated £620,954.

This is based on house price inflation of 47.8%, between November 2014 and July 2026, for semi-detached houses, in the Hart local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.8% inflationary increase is applied to the most recent sale price for 2 SPREADBURY DRIVE of £420,000 on 6th November 2014. For the value to have increased from £420,000 to £620,954 over the twelve years and four months to July 2026, the following assumptions must hold true:

• The value of 2 SPREADBURY DRIVE has moved in line with the HPI for semi-detached houses in the Hart local authority area.
• The November 2014 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPREADBURY DRIVE has not materially changed since November 2014.

How Large is 2 SPREADBURY DRIVE?

2 SPREADBURY DRIVE is 145m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of semi-detached houses houses in Elvetham Heath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Elvetham Heath, and where 2 SPREADBURY DRIVE lies on this distribution: 40% of semi-detached houses houses are smaller than 2 SPREADBURY DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Elvetham Heath.

2 SPREADBURY DRIVE: Plot and Title Map

2 SPREADBURY DRIVE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 2 SPREADBURY DRIVE, 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 2 SPREADBURY DRIVE). 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 2 SPREADBURY DRIVE?

2 SPREADBURY DRIVE is located in FLEET, in the GU51 postcode district. The below map shows the position of No. 2 on SPREADBURY DRIVE.