48, SPRINGWOOD, CHESHUNT, WALTHAM CROSS, EN7 6AZ - £700,000

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 SPRINGWOOD is a midsized detached house of 119m², built sometime between 1983 and 1990. It was last sold for £700,000 in December 2022, which was around 17% below the average December 2022 detached price in the Broxbourne local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

48 SPRINGWOOD Sold Prices

Land registry data shows two sales for 48 SPRINGWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. Both of the two 48 SPRINGWOOD 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
2022 5 DEC	£700,000	£846,126	17% below HPI
1995 29 SEP	£137,000	£149,564	8% below HPI

48 SPRINGWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The two 48 SPRINGWOOD sales from September 1995 and December 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 September 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 48 SPRINGWOOD?

48 SPRINGWOOD is 119m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 50% of detached houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses by size in Cheshunt, and where 48 SPRINGWOOD lies on this distribution: 47% of detached houses are smaller than 48 SPRINGWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

48 SPRINGWOOD: Plot and Title Map

48 SPRINGWOOD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 48 SPRINGWOOD, 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 SPRINGWOOD). 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 SPRINGWOOD?

48 SPRINGWOOD is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 48 on SPRINGWOOD.