Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 SPRINGFIELD is a midsized detached house of 143m², built sometime between 1976 and 1982. It was last sold for £410,000 in August 2011, which was around 5% below the average August 2011 detached price in the Surrey Heath local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 3 SPRINGFIELD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. One of the three 3 SPRINGFIELD sales was for below the average price, whilst two 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 |
---|---|---|---|
2011 23 AUG | £410,000 | £433,111 | 5% below HPI |
2006 15 SEP | £425,000 | £409,327 | 4% above HPI |
1997 25 APR | £182,000 | £155,977 | 17% above HPI |
The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The three 3 SPRINGFIELD sales between April 1997 and August 2011 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
3 SPRINGFIELD is 143m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Lightwater, based on EPC data. The below chart shows the distribution of detached houses by size in Lightwater, and where 3 SPRINGFIELD lies on this distribution: 59% of detached houses are smaller than 3 SPRINGFIELD, and 41% of houses are larger. Note that EPC data is not available for all properties in Lightwater.
3 SPRINGFIELD sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 3 SPRINGFIELD, 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). 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.
3 SPRINGFIELD is located in LIGHTWATER, in the GU18 postcode district. The below map shows the position of No. 3 on SPRINGFIELD.