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 DRIVE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £215,000 in April 2011, which was about the average April 2011 detached price in the Newport local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 SPRINGFIELD DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. One of the two 5 SPRINGFIELD DRIVE sales was roughly equal to the average price, whilst the other was 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 |
---|---|---|---|
2011 18 APR | £215,000 | £214,190 | Close to HPI |
2004 27 FEB | £186,000 | £195,501 | 5% below HPI |
The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 5 SPRINGFIELD DRIVE sales from February 2004 and April 2011 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 February 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2011 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 SPRINGFIELD DRIVE is 131m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the largest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where 5 SPRINGFIELD DRIVE lies on this distribution: 74% of detached houses are smaller than 5 SPRINGFIELD DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Newport.
5 SPRINGFIELD DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 SPRINGFIELD DRIVE, 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 DRIVE). 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 DRIVE is located in NEWPORT, in the NP19 postcode district. The below map shows the position of No. 5 on SPRINGFIELD DRIVE.