SPRINGFIELD, NEWPOUND LANE, WISBOROUGH GREEN, BILLINGSHURST, RH14 0EF - £816,000

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 very large detached house of 273m², built sometime between 1996 and 2002, which could now be worth an estimated £1,010,479. It was last sold for £816,000 in July 2016, which was around 42% above the average July 2016 detached price in the Chichester local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD Sold Prices

Land registry data shows four sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chichester local authority area for the corresponding sale date. Most of the four 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
2016 26 JUL	£816,000	£572,907	42% above HPI
2007 17 JUL	£765,000	£432,726	77% above HPI
2001 1 OCT	£533,000	£264,568	101% above HPI
1999 5 JUL	£135,000	£185,771	27% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chichester local authority area over time, sourced from the HPI. The four SPRINGFIELD sales between July 1999 and July 2016 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 2007 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the July 2016 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £1,010,479.

This is based on house price inflation of 23.8%, between July 2016 and March 2025, for detached houses, in the Chichester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.8% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £816,000 on 26th July 2016. For the value to have increased from £816,000 to £1,010,479 over the nine years and four months to March 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Chichester local authority area.
• The July 2016 sale price of £816,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since July 2016.

How Large is SPRINGFIELD?

SPRINGFIELD is 273m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses houses in Wisborough Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wisborough Green, and where SPRINGFIELD lies on this distribution: 96% of detached houses houses are smaller than SPRINGFIELD, and 4% of houses are larger. Note that EPC data is not available for all properties in Wisborough Green.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.252 of an acre, or 1,020m². 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 NEWPOUND LANE in WISBOROUGH GREEN, in the RH14 postcode district. The below map shows the position of SPRINGFIELD on NEWPOUND LANE.