3, SPRINGFIELD COURT, STONEHOUSE, GL10 2JF - £347,000

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 COURT is a midsized detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £419,406. It was last sold for £347,000 in February 2020, which was around 22% below the average February 2020 detached price in the Stroud local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGFIELD COURT Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 3 SPRINGFIELD COURT 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
2020 14 FEB	£347,000	£446,763	22% below HPI
2006 24 JUL	£269,000	£313,244	14% below HPI

3 SPRINGFIELD COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two 3 SPRINGFIELD COURT sales from July 2006 and February 2020 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SPRINGFIELD COURT be worth now?

3 SPRINGFIELD COURT might now be worth an estimated £419,406.

This is based on house price inflation of 20.9%, between February 2020 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD COURT of £347,000 on 14th February 2020. For the value to have increased from £347,000 to £419,406 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 SPRINGFIELD COURT has moved in line with the HPI for detached houses in the Stroud local authority area.
• The February 2020 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD COURT has not materially changed since February 2020.

How Large is 3 SPRINGFIELD COURT?

3 SPRINGFIELD COURT is 109m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonehouse, and where 3 SPRINGFIELD COURT lies on this distribution: 41% of detached houses houses are smaller than 3 SPRINGFIELD COURT, and 58% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

3 SPRINGFIELD COURT: Plot and Title Map

3 SPRINGFIELD COURT sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 3 SPRINGFIELD COURT, 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 COURT). 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 COURT?

3 SPRINGFIELD COURT is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 3 on SPRINGFIELD COURT.