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 ROAD is a large extended detached house of 198m², built sometime between 1930 and 1949. It was last sold for £950,000 in March 2021, which was around 72% above the average March 2021 detached price in the Vale of White Horse local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 SPRINGFIELD ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Vale of White Horse local authority area for the corresponding sale date. Two of the three 2 SPRINGFIELD ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2021 18 MAR | £950,000 | £553,379 | 72% above HPI |
2004 20 SEP | £495,000 | £336,332 | 47% above HPI |
2002 11 DEC | £285,000 | £297,535 | 4% below HPI |
The below graph shows the average detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The three 2 SPRINGFIELD ROAD sales between December 2002 and March 2021 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 September 2004 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2021 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.
2 SPRINGFIELD ROAD is 198m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Oxford, based on EPC data. The below chart shows the distribution of detached houses by size in Oxford, and where 2 SPRINGFIELD ROAD lies on this distribution: 80% of detached houses are smaller than 2 SPRINGFIELD ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Oxford.
2 SPRINGFIELD ROAD sits on a plot of roughly 0.146 of an acre, or 593m². 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.
2 SPRINGFIELD ROAD is located in OXFORD, in the OX2 postcode district. The below map shows the position of No. 2 on SPRINGFIELD ROAD.