SPRINGBANK, STATION ROAD, BROADWAY, WR12 7DE - £306,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGBANK is a large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £306,500 in December 2001, which was around 68% above the average December 2001 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, 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 Wychavon 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
2001 7 DEC	£306,500	£182,573	68% above HPI
1996 12 NOV	£168,000	£110,183	52% above HPI

SPRINGBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two SPRINGBANK sales from November 1996 and December 2001 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 November 1996 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2001 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is SPRINGBANK?

SPRINGBANK is 168m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Broadway, based on EPC data. The below chart shows the distribution of detached houses by size in Broadway, and where SPRINGBANK lies on this distribution: 67% of detached houses are smaller than SPRINGBANK, and 32% of houses are larger. Note that EPC data is not available for all properties in Broadway.

SPRINGBANK: Plot and Title Map

SPRINGBANK sits on a plot of roughly 0.527 of an acre, or 2,134m². 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 STATION ROAD in BROADWAY, in the WR12 postcode district. The below map shows the position of SPRINGBANK on STATION ROAD.