23, SPRINGFIELD WAY, THREEMILESTONE, TRURO, TR3 6BJ - £395,000

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.

23 SPRINGFIELD WAY is a large detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £400,706. It was last sold for £395,000 in September 2024, which was around 8% below the average September 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

23 SPRINGFIELD WAY Sold Prices

Land registry data shows four sales for 23 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 23 SPRINGFIELD WAY 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 27 SEP	£395,000	£431,005	8% below HPI
2010 1 OCT	£247,500	£290,087	15% below HPI
2004 14 MAY	£225,000	£239,404	6% below HPI
1998 6 MAY	£91,000	£88,982	2% above HPI

23 SPRINGFIELD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 23 SPRINGFIELD WAY sales between May 1998 and September 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 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 23 SPRINGFIELD WAY be worth now?

23 SPRINGFIELD WAY might now be worth an estimated £400,706.

This is based on house price inflation of 1.4%, between September 2024 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 23 SPRINGFIELD WAY of £395,000 on 27th September 2024. For the value to have increased from £395,000 to £400,706 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 23 SPRINGFIELD WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRINGFIELD WAY has not materially changed since September 2024.

How Large is 23 SPRINGFIELD WAY?

23 SPRINGFIELD WAY is 120m² according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses houses in Threemilestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Threemilestone, and where 23 SPRINGFIELD WAY lies on this distribution: 77% of detached houses houses are smaller than 23 SPRINGFIELD WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Threemilestone.

23 SPRINGFIELD WAY: Plot and Title Map

23 SPRINGFIELD WAY sits on a plot of roughly 18.8 acres, or 75,932m². The below map shows the location of 23 SPRINGFIELD WAY, 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 23 SPRINGFIELD WAY). 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 23 SPRINGFIELD WAY?

23 SPRINGFIELD WAY is located in THREEMILESTONE, in the TR3 postcode district. The below map shows the position of No. 23 on SPRINGFIELD WAY.