SPRINGFIELD, CHURCH ROAD, HAVENSTREET, RYDE, PO33 4DG - £562,500

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

SPRINGFIELD is a large extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £562,500 in January 2023, which was around 29% above the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two SPRINGFIELD 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
2023 12 JAN	£562,500	£437,223	29% above HPI
2021 16 JUN	£390,000	£369,466	6% above HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from June 2021 and January 2023 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 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 140m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Havenstreet, based on EPC data. The below chart shows the distribution of detached houses by size in Havenstreet, and where SPRINGFIELD lies on this distribution: 74% of detached houses are smaller than SPRINGFIELD, and 24% of houses are larger. Note that EPC data is not available for all properties in Havenstreet.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.231 of an acre, or 934m². 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 CHURCH ROAD in HAVENSTREET, in the PO33 postcode district. The below map shows the position of SPRINGFIELD on CHURCH ROAD.