2, SPRINGFIELD ROAD, RUSKINGTON, SLEAFORD, NG34 9HG - £200,000

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 ROAD is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £258,890. It was last sold for £200,000 in February 2018, which was around 16% below the average February 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 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
2018 6 FEB	£200,000	£237,812	16% below HPI
1997 2 DEC	£57,500	£65,764	13% below HPI

2 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2 SPRINGFIELD ROAD sales from December 1997 and February 2018 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 December 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2018 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 SPRINGFIELD ROAD be worth now?

2 SPRINGFIELD ROAD might now be worth an estimated £258,890.

This is based on house price inflation of 29.4%, between February 2018 and March 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.4% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD ROAD of £200,000 on 6th February 2018. For the value to have increased from £200,000 to £258,890 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 2 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD ROAD has not materially changed since February 2018.

How Large is 2 SPRINGFIELD ROAD?

2 SPRINGFIELD ROAD is 80m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Ruskington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ruskington, and where 2 SPRINGFIELD ROAD lies on this distribution: 18% of detached houses houses are smaller than 2 SPRINGFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Ruskington.

2 SPRINGFIELD ROAD: Plot and Title Map

2 SPRINGFIELD ROAD sits on a plot of roughly 0.076 of an acre, or 309m². 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 RUSKINGTON, in the NG34 postcode district. The below map shows the position of No. 2 on SPRINGFIELD ROAD.