1, SPRINGMEAD AVENUE, BROCKWORTH, GLOUCESTER, GL3 4XU - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 SPRINGMEAD AVENUE is a very small detached house of 90m², built in 2019. It was last sold for £335,000 in November 2024, which was around 37% below the average November 2024 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was A.

1 SPRINGMEAD AVENUE Sold Prices

Land registry data shows two sales for 1 SPRINGMEAD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 1 SPRINGMEAD AVENUE 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
2024 6 NOV	£335,000	£535,398	37% below HPI
2023 31 MAR	£374,995	£485,352	23% below HPI

1 SPRINGMEAD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 1 SPRINGMEAD AVENUE sales from March 2023 and November 2024 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 2023 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 SPRINGMEAD AVENUE be worth now?

1 SPRINGMEAD AVENUE might now be worth an estimated £332,486.

This is based on house price deflation of 0.8%, between November 2024 and December 2024, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% deflationary decrease is applied to the most recent sale price for 1 SPRINGMEAD AVENUE of £335,000 on 6th November 2024. For the value to have decreased from £335,000 to £332,486 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1 SPRINGMEAD AVENUE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The November 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGMEAD AVENUE has not materially changed since November 2024.

How Large is 1 SPRINGMEAD AVENUE?

1 SPRINGMEAD AVENUE is 90m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses houses in Brockworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brockworth, and where 1 SPRINGMEAD AVENUE lies on this distribution: 15% of detached houses houses are smaller than 1 SPRINGMEAD AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Brockworth.

1 SPRINGMEAD AVENUE: Plot and Title Map

1 SPRINGMEAD AVENUE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 1 SPRINGMEAD AVENUE, 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 SPRINGMEAD AVENUE). 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 SPRINGMEAD AVENUE?

1 SPRINGMEAD AVENUE is located in BROCKWORTH, in the GL3 postcode district. The below map shows the position of No. 1 on SPRINGMEAD AVENUE.