2, SPRINGFIELD ROAD, LOOE, PL13 1HB - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SPRINGFIELD ROAD is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £380,000 in July 2022, which was around 14% below the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD ROAD Sold Prices

Land registry data shows seven sales for 2 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the seven 2 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
2022 18 JUL	£380,000	£443,318	14% below HPI
2020 20 MAR	£285,000	£348,096	18% below HPI
2018 30 JAN	£278,000	£332,078	16% below HPI
2012 28 SEP	£212,500	£274,275	23% below HPI
2005 26 AUG	£215,000	£263,688	18% below HPI
1999 1 SEP	£86,000	£100,296	14% below HPI
1996 21 AUG	£75,000	£74,118	1% above HPI

2 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The seven 2 SPRINGFIELD ROAD sales between August 1996 and July 2022 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 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 SPRINGFIELD ROAD be worth now?

2 SPRINGFIELD ROAD might now be worth an estimated £380,587.

This is based on house price inflation of 0.2%, between July 2022 and December 2024, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD ROAD of £380,000 on 18th July 2022. For the value to have increased from £380,000 to £380,587 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 2 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD ROAD has not materially changed since July 2022.

How Large is 2 SPRINGFIELD ROAD?

2 SPRINGFIELD ROAD is 89m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where 2 SPRINGFIELD ROAD lies on this distribution: 26% of detached houses houses are smaller than 2 SPRINGFIELD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Looe.

2 SPRINGFIELD ROAD: Plot and Title Map

2 SPRINGFIELD ROAD sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 2 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 2 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.

Where is 2 SPRINGFIELD ROAD?

2 SPRINGFIELD ROAD is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 2 on SPRINGFIELD ROAD.