2, SPRINGWOOD GARDENS, BELPER, DE56 1JR - £225,000

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 SPRINGWOOD GARDENS is a large extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £369,080. It was last sold for £225,000 in November 2007, which was around 9% above the average November 2007 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGWOOD GARDENS Sold Prices

Land registry data shows two sales for 2 SPRINGWOOD GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 2 SPRINGWOOD GARDENS sales were for above 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
2007 19 NOV	£225,000	£207,200	9% above HPI
2001 17 DEC	£123,950	£96,960	28% above HPI

2 SPRINGWOOD GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 2 SPRINGWOOD GARDENS sales from December 2001 and November 2007 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 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2007 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 SPRINGWOOD GARDENS be worth now?

2 SPRINGWOOD GARDENS might now be worth an estimated £369,080.

This is based on house price inflation of 64%, between November 2007 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64% inflationary increase is applied to the most recent sale price for 2 SPRINGWOOD GARDENS of £225,000 on 19th November 2007. For the value to have increased from £225,000 to £369,080 over the eighteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SPRINGWOOD GARDENS has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2007 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGWOOD GARDENS has not materially changed since November 2007.

How Large is 2 SPRINGWOOD GARDENS?

2 SPRINGWOOD GARDENS is 109m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 2 SPRINGWOOD GARDENS lies on this distribution: 62% of detached houses houses are smaller than 2 SPRINGWOOD GARDENS, and 37% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 SPRINGWOOD GARDENS: Plot and Title Map

2 SPRINGWOOD GARDENS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 SPRINGWOOD GARDENS, 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 GARDENS). 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 GARDENS?

2 SPRINGWOOD GARDENS is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 2 on SPRINGWOOD GARDENS.