SPRINGFIELD HOUSE, MARTLEY ROAD, LOWER BROADHEATH, WORCESTER, WR2 6QG - £540,000

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 HOUSE is a midsized detached house of 135m². It was last sold for £540,000 in January 2023, which was around 16% above the average January 2023 detached price in the Malvern Hills local authority area. The most recent EPC inspection was September 2016, where the current energy rating was B, and the potential energy rating was B.

SPRINGFIELD HOUSE Sold Prices

Land registry data shows two sales for SPRINGFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. One of the two SPRINGFIELD HOUSE sales was for above the average price, whilst the other was 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
2023 4 JAN	£540,000	£464,188	16% above HPI
2017 31 JUL	£300,000	£352,807	15% below HPI

SPRINGFIELD HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two SPRINGFIELD HOUSE sales from July 2017 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 July 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is SPRINGFIELD HOUSE?

SPRINGFIELD HOUSE is 135m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses in Lower Broadheath, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Broadheath, and where SPRINGFIELD HOUSE lies on this distribution: 49% of detached houses are smaller than SPRINGFIELD HOUSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lower Broadheath.

SPRINGFIELD HOUSE: Plot and Title Map

SPRINGFIELD HOUSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of SPRINGFIELD HOUSE, 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 HOUSE). 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 HOUSE?

SPRINGFIELD HOUSE is located on MARTLEY ROAD in LOWER BROADHEATH, in the WR2 postcode district. The below map shows the position of SPRINGFIELD HOUSE on MARTLEY ROAD.