1, SPRINGFIELD WAY, THREEMILESTONE, TRURO, TR3 6BJ - £247,500

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.

1 SPRINGFIELD WAY is a large extended semi-detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £373,696. It was last sold for £247,500 in March 2015, which was around 30% above the average March 2015 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGFIELD WAY Sold Prices

Land registry data shows five sales for 1 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the five 1 SPRINGFIELD WAY 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 26 MAR	£247,500	£190,908	30% above HPI
2011 21 FEB	£190,000	£183,615	3% above HPI
2002 24 JUN	£118,000	£99,830	18% above HPI
2000 14 JUL	£74,500	£71,545	4% above HPI
1997 1 DEC	£59,995	£54,230	11% above HPI

1 SPRINGFIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The five 1 SPRINGFIELD WAY sales between December 1997 and March 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 February 2011 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 SPRINGFIELD WAY be worth now?

1 SPRINGFIELD WAY might now be worth an estimated £373,696.

This is based on house price inflation of 51%, between March 2015 and February 2025, for semi-detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD WAY of £247,500 on 26th March 2015. For the value to have increased from £247,500 to £373,696 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD WAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The March 2015 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD WAY has not materially changed since March 2015.

How Large is 1 SPRINGFIELD WAY?

1 SPRINGFIELD WAY is 110m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of semi-detached houses houses in Threemilestone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Threemilestone, and where 1 SPRINGFIELD WAY lies on this distribution: 61% of semi-detached houses houses are smaller than 1 SPRINGFIELD WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Threemilestone.

1 SPRINGFIELD WAY: Plot and Title Map

1 SPRINGFIELD WAY sits on a plot of roughly 18.8 acres, or 75,932m². The below map shows the location of 1 SPRINGFIELD WAY, 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 WAY). 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 WAY?

1 SPRINGFIELD WAY is located in THREEMILESTONE, in the TR3 postcode district. The below map shows the position of No. 1 on SPRINGFIELD WAY.