4, SPRINGFIELD ROAD, LYDNEY, GL15 5LQ - £387,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 SPRINGFIELD ROAD is a very large extended detached house of 143m², built sometime before 1900. It was last sold for £387,000 in February 2022, which was around 5% above the average February 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

4 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 4 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 Forest of Dean local authority area for the corresponding sale date. Both of the two 4 SPRINGFIELD ROAD sales 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
2022 4 FEB	£387,000	£369,910	5% above HPI
1998 17 JUL	£95,000	£90,266	5% above HPI

4 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 4 SPRINGFIELD ROAD sales from July 1998 and February 2022 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 July 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2022 sale, which was also at 5% above the HPI.

How Large is 4 SPRINGFIELD ROAD?

4 SPRINGFIELD ROAD is 143m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where 4 SPRINGFIELD ROAD lies on this distribution: 88% of detached houses are smaller than 4 SPRINGFIELD ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Lydney.

4 SPRINGFIELD ROAD: Plot and Title Map

4 SPRINGFIELD ROAD sits on a plot of roughly 0.188 of an acre, or 761m². 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.

Where is 4 SPRINGFIELD ROAD?

4 SPRINGFIELD ROAD is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 4 on SPRINGFIELD ROAD.