5, LOWER SPINNEY, WARSASH, SOUTHAMPTON, SO31 9NL - £275,000

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.

5 LOWER SPINNEY is a detached house, which could now be worth an estimated £561,259. It was last sold for £275,000 in May 2003, which was around 3% above the average May 2003 detached price in the Fareham local authority area.

5 LOWER SPINNEY Sold Prices

Land registry data shows one sale for 5 LOWER SPINNEY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Fareham 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
2003 2 MAY	£275,000	£266,682	3% above HPI

What might 5 LOWER SPINNEY be worth now?

5 LOWER SPINNEY might now be worth an estimated £561,259.

This is based on house price inflation of 104.1%, between May 2003 and May 2026, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 104.1% inflationary increase is applied to the most recent sale price for 5 LOWER SPINNEY of £275,000 on 2nd May 2003. For the value to have increased from £275,000 to £561,259 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 5 LOWER SPINNEY has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2003 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOWER SPINNEY has not materially changed since May 2003.

Where is 5 LOWER SPINNEY?

5 LOWER SPINNEY is located in WARSASH, in the SO31 postcode district.