SPRINGFIELD, TREGADILLETT, LAUNCESTON, PL15 7EX - £249,950

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 large detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £385,392. It was last sold for £249,950 in October 2006, which was around 12% below the average October 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

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 Cornwall local authority area for the corresponding sale date. Both of the two 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
2006 25 OCT	£249,950	£283,571	12% below HPI
1999 22 JAN	£82,000	£93,149	12% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from January 1999 and October 2006 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 January 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2006 sale, which was also at 12% below the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £385,392.

This is based on house price inflation of 54.2%, between October 2006 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £249,950 on 25th October 2006. For the value to have increased from £249,950 to £385,392 over the nineteen years and eight 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 Cornwall local authority area.
• The October 2006 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since October 2006.

How Large is SPRINGFIELD?

SPRINGFIELD is 92m² according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tregadillett, and where SPRINGFIELD lies on this distribution: 64% of detached houses houses are smaller than SPRINGFIELD, and 34% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.143 of an acre, or 580m². 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 in TREGADILLETT, in the PL15 postcode district. The below map shows the position of SPRINGFIELD in TREGADILLETT.