2, SPRINGWOOD CLOSE, PLYMOUTH, PL7 1PE - £286,000

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 SPRINGWOOD CLOSE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £286,000 in February 2021, which was around 13% below the average February 2021 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

2 SPRINGWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 SPRINGWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 2 SPRINGWOOD CLOSE 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
2021 26 FEB	£286,000	£328,379	13% below HPI
2011 1 SEP	£186,000	£247,558	25% below HPI

2 SPRINGWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 2 SPRINGWOOD CLOSE sales from September 2011 and February 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 SPRINGWOOD CLOSE?

2 SPRINGWOOD CLOSE is 76m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 2 SPRINGWOOD CLOSE lies on this distribution: 10% of detached houses are smaller than 2 SPRINGWOOD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 SPRINGWOOD CLOSE: Plot and Title Map

2 SPRINGWOOD CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 2 SPRINGWOOD CLOSE, 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 SPRINGWOOD CLOSE). 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 SPRINGWOOD CLOSE?

2 SPRINGWOOD CLOSE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 2 on SPRINGWOOD CLOSE.