1, SPRINGFIELD ROAD, LYDNEY, GL15 5LT - £149,950

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.

1 SPRINGFIELD ROAD is a small semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £237,758. It was last sold for £149,950 in May 2016, which was around 9% below the average May 2016 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

1 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 1 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 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
2016 6 MAY	£149,950	£164,727	9% below HPI
2014 13 JUN	£44,000	£150,846	71% below HPI

1 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 1 SPRINGFIELD ROAD sales from June 2014 and May 2016 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 June 2014 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the May 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 1 SPRINGFIELD ROAD be worth now?

1 SPRINGFIELD ROAD might now be worth an estimated £237,758.

This is based on house price inflation of 58.6%, between May 2016 and February 2025, for semi-detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.6% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD ROAD of £149,950 on 6th May 2016. For the value to have increased from £149,950 to £237,758 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD ROAD has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The May 2016 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD ROAD has not materially changed since May 2016.

How Large is 1 SPRINGFIELD ROAD?

1 SPRINGFIELD ROAD is 94m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of semi-detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lydney, and where 1 SPRINGFIELD ROAD lies on this distribution: 32% of semi-detached houses houses are smaller than 1 SPRINGFIELD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Lydney.

1 SPRINGFIELD ROAD: Plot and Title Map

1 SPRINGFIELD ROAD sits on a plot of roughly 0.080 of an acre, or 322m². 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 LYDNEY, in the GL15 postcode district. The below map shows the position of No. 1 on SPRINGFIELD ROAD.