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
85 SPRINGFIELD AVENUE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £299,950 in June 2015, which was around 51% above the average June 2015 detached price in the Erewash local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows three sales for 85 SPRINGFIELD AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 85 SPRINGFIELD AVENUE sales were 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 |
---|---|---|---|
2015 4 JUN | £299,950 | £199,037 | 51% above HPI |
2012 31 MAY | £195,000 | £168,253 | 16% above HPI |
1996 17 SEP | £83,000 | £61,278 | 35% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 85 SPRINGFIELD AVENUE sales between September 1996 and June 2015 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 May 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
85 SPRINGFIELD AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Sandiacre, based on EPC data. The below chart shows the distribution of detached houses by size in Sandiacre, and where 85 SPRINGFIELD AVENUE lies on this distribution: 30% of detached houses are smaller than 85 SPRINGFIELD AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sandiacre.
85 SPRINGFIELD AVENUE sits on a plot of roughly 0.218 of an acre, or 883m². The below map shows the location of 85 SPRINGFIELD AVENUE, 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 85 SPRINGFIELD AVENUE). 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.
85 SPRINGFIELD AVENUE is located in SANDIACRE, in the NG10 postcode district. The below map shows the position of No. 85 on SPRINGFIELD AVENUE.