10, SPRINGFIELD ROAD, WORCESTER, WR5 3AR - £285,000

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.

10 SPRINGFIELD ROAD is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £380,207. It was last sold for £285,000 in June 2017, which was around 10% below the average June 2017 detached price in the Worcester local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

10 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 10 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. Both of the two 10 SPRINGFIELD ROAD 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
2017 19 JUN	£285,000	£316,149	10% below HPI
2016 6 OCT	£212,000	£312,160	32% below HPI

10 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 10 SPRINGFIELD ROAD sales from October 2016 and June 2017 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 October 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 10 SPRINGFIELD ROAD be worth now?

10 SPRINGFIELD ROAD might now be worth an estimated £380,207.

This is based on house price inflation of 33.4%, between June 2017 and February 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 10 SPRINGFIELD ROAD of £285,000 on 19th June 2017. For the value to have increased from £285,000 to £380,207 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 10 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Worcester local authority area.
• The June 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRINGFIELD ROAD has not materially changed since June 2017.

How Large is 10 SPRINGFIELD ROAD?

10 SPRINGFIELD ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 10 SPRINGFIELD ROAD lies on this distribution: 11% of detached houses houses are smaller than 10 SPRINGFIELD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Worcester.

10 SPRINGFIELD ROAD: Plot and Title Map

10 SPRINGFIELD ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 10 SPRINGFIELD ROAD, 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 10 SPRINGFIELD ROAD). 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 10 SPRINGFIELD ROAD?

10 SPRINGFIELD ROAD is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 10 on SPRINGFIELD ROAD.