SPRINGFIELD, STATION ROAD, WANSTROW, SHEPTON MALLET, BA4 4SZ - £435,000

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 very small detached house of 87m², built sometime between 1967 and 1975. It was last sold for £435,000 in December 2020, which was around 12% above the average December 2020 detached price in the Somerset local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

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 Somerset local authority area for the corresponding sale date. Most of the four SPRINGFIELD sales were 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
2020 8 DEC	£435,000	£387,898	12% above HPI
2015 15 MAY	£240,000	£297,166	19% below HPI
2006 17 FEB	£240,000	£253,301	5% below HPI
2004 31 MAR	£225,000	£236,827	5% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The four SPRINGFIELD sales between March 2004 and December 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 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is SPRINGFIELD?

SPRINGFIELD is 87m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of detached houses in Wanstrow, based on EPC data. The below chart shows the distribution of detached houses by size in Wanstrow, and where SPRINGFIELD lies on this distribution: 18% of detached houses are smaller than SPRINGFIELD, and 82% of houses are larger. Note that EPC data is not available for all properties in Wanstrow.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.390 of an acre, or 1,579m². 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 STATION ROAD in WANSTROW, in the BA4 postcode district. The below map shows the position of SPRINGFIELD on STATION ROAD.