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 detached house of 82m², built sometime between 1976 and 1982. It was last sold for £240,000 in December 2018, which was around 28% below the average December 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 4 SPRINGFIELD ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 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 |
---|---|---|---|
2018 19 DEC | £240,000 | £335,202 | 28% below HPI |
2012 14 AUG | £163,000 | £240,868 | 32% below HPI |
2006 18 AUG | £177,000 | £245,569 | 28% below HPI |
2004 10 AUG | £179,000 | £230,733 | 22% below HPI |
2002 16 AUG | £124,000 | £167,248 | 26% below HPI |
The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 4 SPRINGFIELD ROAD sales between August 2002 and December 2018 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 August 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
4 SPRINGFIELD ROAD is 82m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Sileby, based on EPC data. The below chart shows the distribution of detached houses by size in Sileby, and where 4 SPRINGFIELD ROAD lies on this distribution: 17% of detached houses are smaller than 4 SPRINGFIELD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Sileby.
4 SPRINGFIELD ROAD sits on a plot of roughly 0.073 of an acre, or 297m². 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 SILEBY, in the LE12 postcode district. The below map shows the position of No. 4 on SPRINGFIELD ROAD.