16, SPRINGFIELD DRIVE, CINDERFORD, GL14 2TE - £235,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

16 SPRINGFIELD DRIVE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £235,000 in December 2018, which was around 27% below the average December 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

16 SPRINGFIELD DRIVE Sold Prices

Land registry data shows two sales for 16 SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 16 SPRINGFIELD DRIVE 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
2018 7 DEC	£235,000	£320,330	27% below HPI
2012 9 MAR	£155,000	£232,512	33% below HPI

16 SPRINGFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 16 SPRINGFIELD DRIVE sales from March 2012 and December 2018 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 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 SPRINGFIELD DRIVE?

16 SPRINGFIELD DRIVE is 76m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Cinderford, based on EPC data. The below chart shows the distribution of detached houses by size in Cinderford, and where 16 SPRINGFIELD DRIVE lies on this distribution: 18% of detached houses are smaller than 16 SPRINGFIELD DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Cinderford.

16 SPRINGFIELD DRIVE: Plot and Title Map

16 SPRINGFIELD DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 16 SPRINGFIELD DRIVE, 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 16 SPRINGFIELD DRIVE). 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 16 SPRINGFIELD DRIVE?

16 SPRINGFIELD DRIVE is located in CINDERFORD, in the GL14 postcode district. The below map shows the position of No. 16 on SPRINGFIELD DRIVE.