SPRINGFIELD, BATH ROAD, HARDWICKE, GLOUCESTER, GL2 2RG - £412,000

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

SPRINGFIELD is a very large extended detached house of 159m², built sometime between 1930 and 1949. It was last sold for £412,000 in September 2021, which was around 7% below the average September 2021 detached price in the Stroud local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows three sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three SPRINGFIELD sales were 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
2021 10 SEP	£412,000	£443,026	7% below HPI
2019 1 FEB	£375,000	£421,912	11% below HPI
2004 17 SEP	£249,950	£287,875	13% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The three SPRINGFIELD sales between September 2004 and September 2021 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 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 159m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Hardwicke, based on EPC data. The below chart shows the distribution of detached houses by size in Hardwicke, and where SPRINGFIELD lies on this distribution: 90% of detached houses are smaller than SPRINGFIELD, and 10% of houses are larger. Note that EPC data is not available for all properties in Hardwicke.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on BATH ROAD in HARDWICKE, in the GL2 postcode district. The below map shows the position of SPRINGFIELD on BATH ROAD.