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
4 SPRINGFIELD ROAD is a very small extended semi-detached house of 69m², built sometime between 1930 and 1949. It was last sold for £102,000 in April 2014, which was around 47% below the average April 2014 detached price in the Bolton local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 4 SPRINGFIELD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bolton local authority area for the corresponding sale date. All of the four 4 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 |
---|---|---|---|
2014 30 APR | £102,000 | £191,487 | 47% below HPI |
2004 7 OCT | £110,000 | £176,647 | 38% below HPI |
2004 7 APR | £75,000 | £144,795 | 48% below HPI |
1996 10 JUL | £31,500 | £70,084 | 55% below HPI |
The below graph shows the average detached house price in the Bolton local authority area over time, sourced from the HPI. The four 4 SPRINGFIELD ROAD sales between July 1996 and April 2014 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 October 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.
4 SPRINGFIELD ROAD is 69m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Farnworth, based on EPC data. The below chart shows the distribution of detached houses by size in Farnworth, and where 4 SPRINGFIELD ROAD lies on this distribution: 10% of detached houses are smaller than 4 SPRINGFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Farnworth.
4 SPRINGFIELD ROAD sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 4 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 4 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.
4 SPRINGFIELD ROAD is located in FARNWORTH, in the BL4 postcode district. The below map shows the position of No. 4 on SPRINGFIELD ROAD.