3, SPRINGFIELD ROAD, GOLDSITHNEY, PENZANCE, TR20 9HW - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SPRINGFIELD ROAD is a midsized extended detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £358,628. It was last sold for £220,000 in January 2013, which was around 19% below the average January 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

3 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 3 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 SPRINGFIELD ROAD 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
2013 10 JAN	£220,000	£272,373	19% below HPI
1995 17 FEB	£56,000	£71,286	21% below HPI

3 SPRINGFIELD ROAD 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 two 3 SPRINGFIELD ROAD sales from February 1995 and January 2013 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 February 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 SPRINGFIELD ROAD be worth now?

3 SPRINGFIELD ROAD might now be worth an estimated £358,628.

This is based on house price inflation of 63%, between January 2013 and December 2024, 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 63% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD ROAD of £220,000 on 10th January 2013. For the value to have increased from £220,000 to £358,628 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of 3 SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD ROAD has not materially changed since January 2013.

How Large is 3 SPRINGFIELD ROAD?

3 SPRINGFIELD ROAD is 81m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses houses in Goldsithney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Goldsithney, and where 3 SPRINGFIELD ROAD lies on this distribution: 43% of detached houses houses are smaller than 3 SPRINGFIELD ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Goldsithney.

3 SPRINGFIELD ROAD: Plot and Title Map

3 SPRINGFIELD ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 SPRINGFIELD ROAD, 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 ROAD). 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 ROAD?

3 SPRINGFIELD ROAD is located in GOLDSITHNEY, in the TR20 postcode district. The below map shows the position of No. 3 on SPRINGFIELD ROAD.