3, SPRINGFIELD CLOSE, CROPWELL BISHOP, NOTTINGHAM, NG12 3GJ - £350,000

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.

3 SPRINGFIELD CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £483,010. It was last sold for £350,000 in December 2017, which was around 3% below the average December 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD 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 Rushcliffe local authority area for the corresponding sale date. One of the two 3 SPRINGFIELD CLOSE sales was for below the average price, whilst the other was 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
2017 11 DEC	£350,000	£362,485	3% below HPI
1998 20 AUG	£135,000	£109,718	23% above HPI

3 SPRINGFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 3 SPRINGFIELD CLOSE sales from August 1998 and December 2017 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 August 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 SPRINGFIELD CLOSE be worth now?

3 SPRINGFIELD CLOSE might now be worth an estimated £483,010.

This is based on house price inflation of 38%, between December 2017 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD CLOSE of £350,000 on 11th December 2017. For the value to have increased from £350,000 to £483,010 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD CLOSE has not materially changed since December 2017.

How Large is 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses houses in Cropwell Bishop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cropwell Bishop, and where 3 SPRINGFIELD CLOSE lies on this distribution: 63% of detached houses houses are smaller than 3 SPRINGFIELD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Cropwell Bishop.

3 SPRINGFIELD CLOSE: Plot and Title Map

3 SPRINGFIELD CLOSE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 3 SPRINGFIELD 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 3 SPRINGFIELD 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 3 SPRINGFIELD CLOSE?

3 SPRINGFIELD CLOSE is located in CROPWELL BISHOP, in the NG12 postcode district. The below map shows the position of No. 3 on SPRINGFIELD CLOSE.