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
2 SPRINGFIELD is a large extended detached house of 123m², built sometime between 1991 and 1995. It was last sold for £272,000 in November 2015, which was around 8% 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.
Land registry data shows five sales for 2 SPRINGFIELD since 1st 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 | £294,945 | 8% below HPI |
2008 1 AUG | £217,000 | £245,710 | 12% below HPI |
2005 10 AUG | £193,500 | £219,796 | 12% below HPI |
1998 27 OCT | £75,000 | £87,138 | 14% below HPI |
1996 8 OCT | £82,000 | £73,366 | 12% above HPI |
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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
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 in Acle, based on EPC data. The below chart shows the distribution of detached houses by size in Acle, and where 2 SPRINGFIELD lies on this distribution: 72% of detached 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 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.
2 SPRINGFIELD is located in ACLE, in the NR13 postcode district. The below map shows the position of No. 2 on SPRINGFIELD.