1, SPRINGFIELD ROAD, ALCESTER, B49 6BN - £255,000

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.

1 SPRINGFIELD ROAD is a very small terraced house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £272,247. It was last sold for £255,000 in March 2023, which was around 7% below the average March 2023 terraced price in the Stratford-on-Avon local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGFIELD ROAD Sold Prices

Land registry data shows six sales for 1 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the six 1 SPRINGFIELD ROAD 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
2023 17 MAR	£255,000	£273,504	7% below HPI
2023 27 JAN	£258,995	£277,308	7% below HPI
2021 16 MAR	£200,000	£247,908	19% below HPI
2018 14 JUN	£200,000	£234,830	15% below HPI
2016 4 NOV	£203,000	£227,825	11% below HPI
2011 14 NOV	£157,000	£180,901	13% below HPI

1 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The six 1 SPRINGFIELD ROAD sales between November 2011 and March 2023 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 2023 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, which was also at 7% below the HPI.

What might 1 SPRINGFIELD ROAD be worth now?

1 SPRINGFIELD ROAD might now be worth an estimated £272,247.

This is based on house price inflation of 6.8%, between March 2023 and April 2026, for terraced houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD ROAD of £255,000 on 17th March 2023. For the value to have increased from £255,000 to £272,247 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Stratford-on-Avon local authority area.
• The March 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD ROAD has not materially changed since March 2023.

How Large is 1 SPRINGFIELD ROAD?

1 SPRINGFIELD ROAD is 68m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses houses in Alcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alcester, and where 1 SPRINGFIELD ROAD lies on this distribution: 6% of terraced houses houses are smaller than 1 SPRINGFIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Alcester.

1 SPRINGFIELD ROAD: Plot and Title Map

1 SPRINGFIELD ROAD sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 1 SPRINGFIELD ROAD, 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 1 SPRINGFIELD ROAD). 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 1 SPRINGFIELD ROAD?

1 SPRINGFIELD ROAD is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 1 on SPRINGFIELD ROAD.