48, SPRINGFIELD ROAD, EXMOUTH, EX8 3JY - £495,000

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

48 SPRINGFIELD ROAD is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £495,000 in June 2021, which was around 10% above the average June 2021 detached price in the East Devon local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

48 SPRINGFIELD ROAD Sold Prices

Land registry data shows three sales for 48 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 East Devon local authority area for the corresponding sale date. One of the three 48 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
2021 21 JUN	£495,000	£449,606	10% above HPI
2014 30 JUN	£315,000	£343,733	8% below HPI
2001 14 DEC	£147,000	£180,365	18% below HPI

48 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three 48 SPRINGFIELD ROAD sales between December 2001 and June 2021 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 June 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 48 SPRINGFIELD ROAD?

48 SPRINGFIELD ROAD is 133m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 30% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 48 SPRINGFIELD ROAD lies on this distribution: 71% of detached houses are smaller than 48 SPRINGFIELD ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

48 SPRINGFIELD ROAD: Plot and Title Map

48 SPRINGFIELD ROAD sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 48 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 48 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 48 SPRINGFIELD ROAD?

48 SPRINGFIELD ROAD is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 48 on SPRINGFIELD ROAD.