SPRINGSFIELD, MALBOROUGH, KINGSBRIDGE, TQ7 3SG - £430,000

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.

SPRINGSFIELD is a very large extended detached house of 193m², built sometime between 1900 and 1929, which could now be worth an estimated £665,776. It was last sold for £430,000 in August 2010, which was around 14% above the average August 2010 detached price in the South Hams local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was E.

SPRINGSFIELD Sold Prices

Land registry data shows two sales for SPRINGSFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two SPRINGSFIELD 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
2010 16 AUG	£430,000	£377,013	14% above HPI
1997 31 JUL	£135,000	£112,140	20% above HPI

SPRINGSFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two SPRINGSFIELD sales from July 1997 and August 2010 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 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2010 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might SPRINGSFIELD be worth now?

SPRINGSFIELD might now be worth an estimated £665,776.

This is based on house price inflation of 54.8%, between August 2010 and February 2025, for detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.8% inflationary increase is applied to the most recent sale price for SPRINGSFIELD of £430,000 on 16th August 2010. For the value to have increased from £430,000 to £665,776 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of SPRINGSFIELD has moved in line with the HPI for detached houses in the South Hams local authority area.
• The August 2010 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGSFIELD has not materially changed since August 2010.

How Large is SPRINGSFIELD?

SPRINGSFIELD is 193m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% of detached houses houses in Malborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Malborough, and where SPRINGSFIELD lies on this distribution: 92% of detached houses houses are smaller than SPRINGSFIELD, and 8% of houses are larger. Note that EPC data is not available for all properties in Malborough.

SPRINGSFIELD: Plot and Title Map

SPRINGSFIELD sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of SPRINGSFIELD, 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 SPRINGSFIELD). 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 SPRINGSFIELD?

SPRINGSFIELD is located in MALBOROUGH, in the TQ7 postcode district. The below map shows the position of SPRINGSFIELD in MALBOROUGH.