4, SPRING CLOSE, FAIR OAK, EASTLEIGH, SO50 7BB - £320,000

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.

4 SPRING CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £374,736. It was last sold for £320,000 in September 2017, which was around 29% below the average September 2017 detached price in the Eastleigh local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

4 SPRING CLOSE Sold Prices

Land registry data shows one sale for 4 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 1 SEP	£320,000	£448,435	29% below HPI

What might 4 SPRING CLOSE be worth now?

4 SPRING CLOSE might now be worth an estimated £374,736.

This is based on house price inflation of 17.1%, between September 2017 and July 2026, for detached houses, in the Eastleigh local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.1% inflationary increase is applied to the most recent sale price for 4 SPRING CLOSE of £320,000 on 1st September 2017. For the value to have increased from £320,000 to £374,736 over the nine years and two months to July 2026, the following assumptions must hold true:

• The value of 4 SPRING CLOSE has moved in line with the HPI for detached houses in the Eastleigh local authority area.
• The September 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRING CLOSE has not materially changed since September 2017.

How Large is 4 SPRING CLOSE?

4 SPRING CLOSE is 83m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Eastleigh, based on EPC data. The below chart shows the distribution of detached houses by size in Eastleigh, and where 4 SPRING CLOSE lies on this distribution: 13% of detached houses are smaller than 4 SPRING CLOSE, and 85% of detached houses are larger. Note that EPC data is not available for all properties in Eastleigh.

4 SPRING CLOSE: Plot

4 SPRING CLOSE sits on a plot of roughly 0.072 of an acre, or 291m².

Where is 4 SPRING CLOSE?

4 SPRING CLOSE is located in FAIR OAK, in the SO50 postcode district.