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 178m², built sometime between 1983 and 1990. It was last sold for £392,500 in August 2020, which was around 7% above the average August 2020 detached price in the Somerset local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for SPRINGFIELD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset 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 |
---|---|---|---|
2020 4 AUG | £392,500 | £367,260 | 7% above HPI |
2001 31 MAY | £220,000 | £146,642 | 50% above HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from May 2001 and August 2020 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 2001 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
SPRINGFIELD is 178m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Hambridge, based on EPC data. The below chart shows the distribution of detached houses by size in Hambridge, and where SPRINGFIELD lies on this distribution: 65% of detached houses are smaller than SPRINGFIELD, and 23% of houses are larger. Note that EPC data is not available for all properties in Hambridge.
SPRINGFIELD sits on a plot of roughly 0.206 of an acre, or 834m². 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.
SPRINGFIELD is located in HAMBRIDGE, in the TA10 postcode district. The below map shows the position of SPRINGFIELD in HAMBRIDGE.