2, SPRINGFIELD LANE, BRACKLA, BRIDGEND, CF31 2PL - £182,000

2 SPRINGFIELD LANE is a very small extended detached house of 62m², built sometime between 1976 and 1982. It was last sold for £182,000 in March 2023, which was around 42% below the average March 2023 detached price in the Bridgend local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD LANE Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bridgend local authority area for the corresponding sale date. Both of the two 2 SPRINGFIELD LANE 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
2023 6 MAR	£182,000	£315,630	42% below HPI
2021 22 APR	£160,000	£262,411	39% below HPI

2 SPRINGFIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bridgend local authority area over time, sourced from the HPI. The two 2 SPRINGFIELD LANE sales from April 2021 and March 2023 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 April 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 SPRINGFIELD LANE?

2 SPRINGFIELD LANE is 62m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Bridgend, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgend, and where 2 SPRINGFIELD LANE lies on this distribution: 2% of detached houses are smaller than 2 SPRINGFIELD LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

2 SPRINGFIELD LANE: Plot and Title Map

2 SPRINGFIELD LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 2 SPRINGFIELD LANE, 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 LANE). 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 LANE?

2 SPRINGFIELD LANE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 2 on SPRINGFIELD LANE.