2, SPRINGFIELDS, TOWCESTER, NN12 6UU - £370,000

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 SPRINGFIELDS is a very small detached house of 94m², which could now be worth an estimated £388,439. It was last sold for £370,000 in February 2024, which was around 17% below the average February 2024 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

2 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 2 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Northamptonshire local authority area for the corresponding sale date. Both of the two 2 SPRINGFIELDS 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
2024 15 FEB	£370,000	£446,562	17% below HPI
2016 7 OCT	£282,000	£364,350	23% below HPI

2 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 2 SPRINGFIELDS sales from October 2016 and February 2024 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 October 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 2 SPRINGFIELDS be worth now?

2 SPRINGFIELDS might now be worth an estimated £388,439.

This is based on house price inflation of 5%, between February 2024 and December 2024, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELDS of £370,000 on 15th February 2024. For the value to have increased from £370,000 to £388,439 over the two months to December 2024, the following assumptions must hold true:

• The value of 2 SPRINGFIELDS has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The February 2024 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELDS has not materially changed since February 2024.

How Large is 2 SPRINGFIELDS?

2 SPRINGFIELDS is 94m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses houses in Towcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Towcester, and where 2 SPRINGFIELDS lies on this distribution: 18% of detached houses houses are smaller than 2 SPRINGFIELDS, and 81% of houses are larger. Note that EPC data is not available for all properties in Towcester.

2 SPRINGFIELDS: Plot and Title Map

2 SPRINGFIELDS sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 2 SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

2 SPRINGFIELDS is located in TOWCESTER, in the NN12 postcode district. The below map shows the position of No. 2 on SPRINGFIELDS.