2, SPRINGFIELD, ACLE, NORWICH, NR13 3JW - £272,000

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.

2 SPRINGFIELD is a large extended detached house of 123m², built sometime between 1991 and 1995, which could now be worth an estimated £386,721. It was last sold for £272,000 in November 2015, which was around 9% below the average November 2015 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD Sold Prices

Land registry data shows five sales for 2 SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the five 2 SPRINGFIELD 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
2015 4 NOV	£272,000	£297,901	9% below HPI
2008 1 AUG	£217,000	£248,173	13% below HPI
2005 10 AUG	£193,500	£221,999	13% below HPI
1998 27 OCT	£75,000	£88,012	15% below HPI
1996 8 OCT	£82,000	£74,102	11% above HPI

2 SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The five 2 SPRINGFIELD sales between October 1996 and November 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 August 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 SPRINGFIELD be worth now?

2 SPRINGFIELD might now be worth an estimated £386,721.

This is based on house price inflation of 42.2%, between November 2015 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.2% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD of £272,000 on 4th November 2015. For the value to have increased from £272,000 to £386,721 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SPRINGFIELD has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2015 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD has not materially changed since November 2015.

How Large is 2 SPRINGFIELD?

2 SPRINGFIELD is 123m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 30% of detached houses houses in Acle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Acle, and where 2 SPRINGFIELD lies on this distribution: 72% of detached houses houses are smaller than 2 SPRINGFIELD, and 28% of houses are larger. Note that EPC data is not available for all properties in Acle.

2 SPRINGFIELD: Plot and Title Map

2 SPRINGFIELD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 2 SPRINGFIELD, 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 2 SPRINGFIELD). 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 2 SPRINGFIELD?

2 SPRINGFIELD is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 2 on SPRINGFIELD.