SPRINGFIELD, HIGHER RINGMORE ROAD, SHALDON, TEIGNMOUTH, TQ14 0HG - £448,000

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.

SPRINGFIELD is a small extended detached house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £632,678. It was last sold for £448,000 in August 2015, which was around 35% above the average August 2015 detached price in the Teignbridge local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was A.

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 Teignbridge 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
2015 4 AUG	£448,000	£331,011	35% above HPI
1997 21 AUG	£107,000	£94,613	13% above HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Teignbridge local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from August 1997 and August 2015 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 August 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2015 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £632,678.

This is based on house price inflation of 41.2%, between August 2015 and February 2025, for detached houses, in the Teignbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.2% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £448,000 on 4th August 2015. For the value to have increased from £448,000 to £632,678 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Teignbridge local authority area.
• The August 2015 sale price of £448,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since August 2015.

How Large is SPRINGFIELD?

SPRINGFIELD is 121m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses houses in Shaldon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shaldon, and where SPRINGFIELD lies on this distribution: 36% of detached houses houses are smaller than SPRINGFIELD, and 64% of houses are larger. Note that EPC data is not available for all properties in Shaldon.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.167 of an acre, or 675m². 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 HIGHER RINGMORE ROAD in SHALDON, in the TQ14 postcode district. The below map shows the position of SPRINGFIELD on HIGHER RINGMORE ROAD.