1, SPRINGFIELD GATE, LOOE, PL13 1HF - £490,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SPRINGFIELD GATE is a very large detached house of 213m², built sometime between 1996 and 2002. It was last sold for £490,000 in August 2015, which was around 64% above the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGFIELD GATE Sold Prices

Land registry data shows four sales for 1 SPRINGFIELD GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 1 SPRINGFIELD GATE 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
2015 20 AUG	£490,000	£298,951	64% above HPI
2010 12 MAR	£412,000	£273,789	50% above HPI
2003 21 OCT	£360,000	£220,779	63% above HPI
1998 10 JUL	£60,000	£90,125	33% below HPI

1 SPRINGFIELD GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 1 SPRINGFIELD GATE sales between July 1998 and August 2015 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 March 2010 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2015 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 1 SPRINGFIELD GATE?

1 SPRINGFIELD GATE is 213m² according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where 1 SPRINGFIELD GATE lies on this distribution: 91% of detached houses are smaller than 1 SPRINGFIELD GATE, and 9% of houses are larger. Note that EPC data is not available for all properties in Looe.

1 SPRINGFIELD GATE: Plot and Title Map

1 SPRINGFIELD GATE sits on a plot of roughly 0.327 of an acre, or 1,322m². The below map shows the location of 1 SPRINGFIELD GATE, 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 1 SPRINGFIELD GATE). 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 1 SPRINGFIELD GATE?

1 SPRINGFIELD GATE is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 1 on SPRINGFIELD GATE.