5, SPRUCE CLOSE, WARSASH, SOUTHAMPTON, SO31 9RY - £549,000

5 SPRUCE CLOSE is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £549,000 in June 2023, which was around 2% below the average June 2023 detached price in the Fareham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

5 SPRUCE CLOSE Sold Prices

Land registry data shows two sales for 5 SPRUCE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. Both of the two 5 SPRUCE CLOSE 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
2023 21 JUN	£549,000	£558,655	2% below HPI
2004 16 JAN	£247,500	£264,742	7% below HPI

5 SPRUCE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The two 5 SPRUCE CLOSE sales from January 2004 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 January 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 5 SPRUCE CLOSE?

5 SPRUCE CLOSE is 118m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Warsash, based on EPC data. The below chart shows the distribution of detached houses by size in Warsash, and where 5 SPRUCE CLOSE lies on this distribution: 48% of detached houses are smaller than 5 SPRUCE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Warsash.

5 SPRUCE CLOSE: Plot and Title Map

5 SPRUCE CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 5 SPRUCE CLOSE, 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 5 SPRUCE CLOSE). 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 5 SPRUCE CLOSE?

5 SPRUCE CLOSE is located in WARSASH, in the SO31 postcode district. The below map shows the position of No. 5 on SPRUCE CLOSE.