SPRINGFIELDS, VICARAGE LANE, NORTH KILLINGHOLME, IMMINGHAM, DN40 3JL - £120,000

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.

SPRINGFIELDS is a small detached house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £157,111. It was last sold for £120,000 in October 2017, which was around 37% below the average October 2017 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

SPRINGFIELDS Sold Prices

Land registry data shows two sales for SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Lincolnshire local authority area for the corresponding sale date. Both of the two SPRINGFIELDS 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
2017 12 OCT	£120,000	£190,584	37% below HPI
2004 24 AUG	£80,000	£153,323	48% below HPI

SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two SPRINGFIELDS sales from August 2004 and October 2017 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 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2017 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £157,111.

This is based on house price inflation of 30.9%, between October 2017 and March 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.9% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £120,000 on 12th October 2017. For the value to have increased from £120,000 to £157,111 over the eight years and seven months to March 2025, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The October 2017 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since October 2017.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 63m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses houses in North Killingholme, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Killingholme, and where SPRINGFIELDS lies on this distribution: 20% of detached houses houses are smaller than SPRINGFIELDS, and 80% of houses are larger. Note that EPC data is not available for all properties in North Killingholme.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

SPRINGFIELDS is located on VICARAGE LANE in NORTH KILLINGHOLME, in the DN40 postcode district. The below map shows the position of SPRINGFIELDS on VICARAGE LANE.