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
5 SPRINGFIELD CLOSE is a midsized extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £235,000 in October 2019, which was around 8% below the average October 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 5 SPRINGFIELD CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 5 SPRINGFIELD CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2019 24 OCT | £235,000 | £255,814 | 8% below HPI |
1995 30 JAN | £85,500 | £66,983 | 28% above HPI |
The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 SPRINGFIELD CLOSE sales from January 1995 and October 2019 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 January 1995 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
5 SPRINGFIELD CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Crich, based on EPC data. The below chart shows the distribution of detached houses by size in Crich, and where 5 SPRINGFIELD CLOSE lies on this distribution: 45% of detached houses are smaller than 5 SPRINGFIELD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Crich.
5 SPRINGFIELD CLOSE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 5 SPRINGFIELD CLOSE, 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 5 SPRINGFIELD CLOSE). 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.
5 SPRINGFIELD CLOSE is located in CRICH, in the DE4 postcode district. The below map shows the position of No. 5 on SPRINGFIELD CLOSE.