3, SPRINGFIELD PARK, BRIDESTOWE, OKEHAMPTON, EX20 4ES - £200,000

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 PARK is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £210,535. It was last sold for £200,000 in November 2023, which was around 54% below the average November 2023 detached price in the West Devon local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

3 SPRINGFIELD PARK Sold Prices

Land registry data shows three sales for 3 SPRINGFIELD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three 3 SPRINGFIELD PARK 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
2023 1 NOV	£200,000	£435,666	54% below HPI
2021 5 MAR	£179,000	£385,761	54% below HPI
1999 3 DEC	£85,000	£118,749	28% below HPI

3 SPRINGFIELD PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three 3 SPRINGFIELD PARK sales between December 1999 and November 2023 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 March 2021 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2023 sale, which was also at 54% below the HPI.

What might 3 SPRINGFIELD PARK be worth now?

3 SPRINGFIELD PARK might now be worth an estimated £210,535.

This is based on house price inflation of 5.3%, between November 2023 and February 2025, for detached houses, in the West Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.3% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD PARK of £200,000 on 1st November 2023. For the value to have increased from £200,000 to £210,535 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the West Devon local authority area.
• The November 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD PARK has not materially changed since November 2023.

How Large is 3 SPRINGFIELD PARK?

3 SPRINGFIELD PARK is 68m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses houses in Bridestowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bridestowe, and where 3 SPRINGFIELD PARK lies on this distribution: 3% of detached houses houses are smaller than 3 SPRINGFIELD PARK, and 97% of houses are larger. Note that EPC data is not available for all properties in Bridestowe.

3 SPRINGFIELD PARK: Plot and Title Map

3 SPRINGFIELD PARK sits on a plot of roughly 3.7 acres, or 14,927m². The below map shows the location of 3 SPRINGFIELD PARK, 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 PARK). 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 PARK?

3 SPRINGFIELD PARK is located in BRIDESTOWE, in the EX20 postcode district. The below map shows the position of No. 3 on SPRINGFIELD PARK.