Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
18 SPRINGFIELD ROAD is a small detached house of 99m², built sometime between 1967 and 1975. It was last sold for £222,500 in December 2018, which was around 14% below the average December 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 18 SPRINGFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 18 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 |
---|---|---|---|
2018 14 DEC | £222,500 | £257,372 | 14% below HPI |
2011 5 AUG | £161,000 | £181,287 | 11% below HPI |
2009 30 SEP | £154,950 | £177,635 | 13% below HPI |
1997 4 NOV | £59,500 | £66,308 | 10% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four 18 SPRINGFIELD ROAD sales between November 1997 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
18 SPRINGFIELD ROAD is 99m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses by size in Ruskington, and where 18 SPRINGFIELD ROAD lies on this distribution: 38% of detached houses are smaller than 18 SPRINGFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Ruskington.
18 SPRINGFIELD ROAD sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 18 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 18 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.
18 SPRINGFIELD ROAD is located in RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 18 on SPRINGFIELD ROAD.