SPRINGVALE, CAMBRIDGE ROAD, NEWPORT, SAFFRON WALDEN, CB11 3TR - £392,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRINGVALE is a small detached house of 115m², built sometime from 2007 onwards. It was last sold for £392,500 in December 2014, which was around 20% below the average December 2014 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

SPRINGVALE Sold Prices

Land registry data shows two sales for SPRINGVALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two SPRINGVALE 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
2014 11 DEC	£392,500	£489,014	20% below HPI
2008 30 MAY	£350,000	£406,360	14% below HPI

SPRINGVALE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two SPRINGVALE sales from May 2008 and December 2014 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 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is SPRINGVALE?

SPRINGVALE is 115m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Newport, based on EPC data. The below chart shows the distribution of detached houses by size in Newport, and where SPRINGVALE lies on this distribution: 24% of detached houses are smaller than SPRINGVALE, and 75% of houses are larger. Note that EPC data is not available for all properties in Newport.

SPRINGVALE: Plot and Title Map

SPRINGVALE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of SPRINGVALE, 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 SPRINGVALE). 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 SPRINGVALE?

SPRINGVALE is located on CAMBRIDGE ROAD in NEWPORT, in the CB11 postcode district. The below map shows the position of SPRINGVALE on CAMBRIDGE ROAD.