3, SPRINGFIELD ROAD, SOUTHWELL, NG25 0BS - £280,000

3 SPRINGFIELD ROAD is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £280,000 in September 2019, which was around 2% above the average September 2019 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

3 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 3 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. One of the three 3 SPRINGFIELD ROAD sales was for above the average price, whilst two 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
2019 20 SEP	£280,000	£273,716	2% above HPI
2011 9 SEP	£184,000	£204,438	10% below HPI
2006 4 AUG	£115,000	£212,240	46% below HPI

3 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The three 3 SPRINGFIELD ROAD sales between August 2006 and September 2019 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2019 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 SPRINGFIELD ROAD?

3 SPRINGFIELD ROAD is 63m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Southwell, based on EPC data. The below chart shows the distribution of detached houses by size in Southwell, and where 3 SPRINGFIELD ROAD lies on this distribution: 4% of detached houses are smaller than 3 SPRINGFIELD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Southwell.

3 SPRINGFIELD ROAD: Plot and Title Map

3 SPRINGFIELD ROAD sits on a plot of roughly 0.092 of an acre, or 373m². 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 SOUTHWELL, in the NG25 postcode district. The below map shows the position of No. 3 on SPRINGFIELD ROAD.