1, SPRINGFIELD LANE, BRACKLA, BRIDGEND, CF31 2PL - £186,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPRINGFIELD LANE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £186,000 in November 2021, which was around 37% below the average November 2021 detached price in the Bridgend local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGFIELD LANE Sold Prices

Land registry data shows five sales for 1 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. All of the five 1 SPRINGFIELD LANE 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
2021 29 NOV	£186,000	£294,929	37% below HPI
2018 27 APR	£150,000	£223,387	33% below HPI
2013 30 AUG	£119,000	£177,414	33% below HPI
2011 18 MAR	£131,500	£174,011	24% below HPI
2002 14 OCT	£60,000	£98,485	39% below HPI

1 SPRINGFIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The five 1 SPRINGFIELD LANE sales between October 2002 and November 2021 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 April 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 SPRINGFIELD LANE?

1 SPRINGFIELD LANE is 91m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where 1 SPRINGFIELD LANE lies on this distribution: 24% of detached houses are smaller than 1 SPRINGFIELD LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

1 SPRINGFIELD LANE: Plot and Title Map

1 SPRINGFIELD LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 1 SPRINGFIELD LANE, 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 LANE). 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 LANE?

1 SPRINGFIELD LANE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 1 on SPRINGFIELD LANE.