SPRINGBANK, MILL ROAD, FELSTED, DUNMOW, CM6 3HQ - £950,000

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.

SPRINGBANK is a very large detached house of 250m², built sometime between 1996 and 2002, which could now be worth an estimated £1,636,404. It was last sold for £950,000 in January 2011, which was around 124% above the average January 2011 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

SPRINGBANK Sold Prices

Land registry data shows two sales for SPRINGBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two SPRINGBANK 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
2011 19 JAN	£950,000	£423,801	124% above HPI
2001 8 JUN	£595,000	£257,030	131% above HPI

SPRINGBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two SPRINGBANK sales from June 2001 and January 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 June 2001 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the January 2011 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might SPRINGBANK be worth now?

SPRINGBANK might now be worth an estimated £1,636,404.

This is based on house price inflation of 72.3%, between January 2011 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for SPRINGBANK of £950,000 on 19th January 2011. For the value to have increased from £950,000 to £1,636,404 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of SPRINGBANK has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The January 2011 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGBANK has not materially changed since January 2011.

How Large is SPRINGBANK?

SPRINGBANK is 250m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in Felsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felsted, and where SPRINGBANK lies on this distribution: 80% of detached houses houses are smaller than SPRINGBANK, and 20% of houses are larger. Note that EPC data is not available for all properties in Felsted.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.167 of an acre, or 674m². The below map shows the location of SPRINGBANK, 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 SPRINGBANK). 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 SPRINGBANK?

SPRINGBANK is located on MILL ROAD in FELSTED, in the CM6 postcode district. The below map shows the position of SPRINGBANK on MILL ROAD.