3, SPRINGFORD ROAD, SOUTHAMPTON, SO16 5JA - £137,000

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.

3 SPRINGFORD ROAD is a small terraced house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £233,094. It was last sold for £137,000 in July 2011, which was around 6% below the average July 2011 terraced price in the Southampton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

3 SPRINGFORD ROAD Sold Prices

Land registry data shows two sales for 3 SPRINGFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Southampton local authority area for the corresponding sale date. Both of the two 3 SPRINGFORD ROAD 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
2011 18 JUL	£137,000	£145,480	6% below HPI
2007 30 MAY	£136,950	£151,112	9% below HPI

3 SPRINGFORD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southampton local authority area over time, sourced from the HPI. The two 3 SPRINGFORD ROAD sales from May 2007 and July 2011 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 May 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 SPRINGFORD ROAD be worth now?

3 SPRINGFORD ROAD might now be worth an estimated £233,094.

This is based on house price inflation of 70.1%, between July 2011 and July 2025, for terraced houses, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.1% inflationary increase is applied to the most recent sale price for 3 SPRINGFORD ROAD of £137,000 on 18th July 2011. For the value to have increased from £137,000 to £233,094 over the fourteen years to July 2025, the following assumptions must hold true:

• The value of 3 SPRINGFORD ROAD has moved in line with the HPI for terraced houses in the Southampton local authority area.
• The July 2011 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFORD ROAD has not materially changed since July 2011.

How Large is 3 SPRINGFORD ROAD?

3 SPRINGFORD ROAD is 81m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of terraced houses houses in Southampton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southampton, and where 3 SPRINGFORD ROAD lies on this distribution: 24% of terraced houses houses are smaller than 3 SPRINGFORD ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Southampton.

3 SPRINGFORD ROAD: Plot and Title Map

3 SPRINGFORD ROAD sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 3 SPRINGFORD ROAD, 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 3 SPRINGFORD ROAD). 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 3 SPRINGFORD ROAD?

3 SPRINGFORD ROAD is located in SOUTHAMPTON, in the SO16 postcode district. The below map shows the position of No. 3 on SPRINGFORD ROAD.