2, SPRINGFIELDS, WIGTON, CA7 9JS - £250,000

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 SPRINGFIELDS is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £250,000 in October 2023, which was around 5% below the average October 2023 detached price in the Cumberland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 SPRINGFIELDS Sold Prices

Land registry data shows four sales for 2 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the four 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
2023 20 OCT	£250,000	£262,798	5% below HPI
2018 7 NOV	£148,000	£220,591	33% below HPI
2004 4 AUG	£155,000	£163,342	5% below HPI
2001 25 MAY	£52,000	£83,837	38% below HPI

2 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The four 2 SPRINGFIELDS sales between May 2001 and October 2023 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 November 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 SPRINGFIELDS?

2 SPRINGFIELDS is 67m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of detached houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses by size in Wigton, and where 2 SPRINGFIELDS lies on this distribution: 3% of detached houses are smaller than 2 SPRINGFIELDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Wigton.

2 SPRINGFIELDS: Plot and Title Map

2 SPRINGFIELDS sits on a plot of roughly 0.108 of an acre, or 439m². 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 WIGTON, in the CA7 postcode district. The below map shows the position of No. 2 on SPRINGFIELDS.