2, SPRINGFIELD ROAD, WORCESTER, WR5 3AR - £198,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 SPRINGFIELD ROAD is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £198,000 in March 2017, which was around 38% below the average March 2017 detached price in the Worcester local authority area. The most recent EPC inspection was November 2016, 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 Worcester 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
2017 3 MAR	£198,000	£317,730	38% below HPI
2009 9 MAR	£142,500	£225,624	37% below HPI

2 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The two 2 SPRINGFIELD ROAD sales from March 2009 and March 2017 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 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 SPRINGFIELD ROAD?

2 SPRINGFIELD ROAD is 62m², which includes three extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 2 SPRINGFIELD ROAD lies on this distribution: 3% of detached houses are smaller than 2 SPRINGFIELD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Worcester.

2 SPRINGFIELD ROAD: Plot and Title Map

2 SPRINGFIELD ROAD sits on a plot of roughly 0.106 of an acre, or 431m². 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 WORCESTER, in the WR5 postcode district. The below map shows the position of No. 2 on SPRINGFIELD ROAD.