8, SPRING CLOSE, BURFORD, TENBURY WELLS, WR15 8NF - £144,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SPRING CLOSE is a very small terraced house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £216,039. It was last sold for £144,000 in February 2008, which was around 3% above the average February 2008 terraced price in the Shropshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 SPRING CLOSE Sold Prices

Land registry data shows three sales for 8 SPRING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Shropshire local authority area for the corresponding sale date. Two of the three 8 SPRING CLOSE sales were for above the average price, whilst one 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
2008 4 FEB	£144,000	£140,090	3% above HPI
2005 3 JUN	£127,000	£120,679	5% above HPI
2004 12 MAY	£97,500	£106,568	9% below HPI

8 SPRING CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Shropshire local authority area over time, sourced from the HPI. The three 8 SPRING CLOSE sales between May 2004 and February 2008 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 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2008 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 SPRING CLOSE be worth now?

8 SPRING CLOSE might now be worth an estimated £216,039.

This is based on house price inflation of 50%, between February 2008 and July 2025, for terraced houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50% inflationary increase is applied to the most recent sale price for 8 SPRING CLOSE of £144,000 on 4th February 2008. For the value to have increased from £144,000 to £216,039 over the sixteen years and seven months to July 2025, the following assumptions must hold true:

• The value of 8 SPRING CLOSE has moved in line with the HPI for terraced houses in the Shropshire local authority area.
• The February 2008 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRING CLOSE has not materially changed since February 2008.

How Large is 8 SPRING CLOSE?

8 SPRING CLOSE is 56m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of terraced houses houses in Tenbury Wells, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tenbury Wells, and where 8 SPRING CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 8 SPRING CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tenbury Wells.

8 SPRING CLOSE: Plot and Title Map

8 SPRING CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 8 SPRING 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 8 SPRING 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.

Where is 8 SPRING CLOSE?

8 SPRING CLOSE is located in BURFORD, in the WR15 postcode district. The below map shows the position of No. 8 on SPRING CLOSE.