13, SPRINGFIELD, BUSHEY HEATH, BUSHEY, WD23 1GL - £315,000

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.

13 SPRINGFIELD is a very small terraced house of 71m², built sometime before 1900, which could now be worth an estimated £494,610. It was last sold for £315,000 in May 2014, which was around 1% below the average May 2014 terraced price in the Hertsmere local authority area. The most recent EPC inspection was March 2012, where the current energy rating was F, and the potential energy rating was E.

13 SPRINGFIELD Sold Prices

Land registry data shows four sales for 13 SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Hertsmere local authority area for the corresponding sale date. One of the four 13 SPRINGFIELD sales was for below the average price, whilst two 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
2014 7 MAY	£315,000	£317,660	1% below HPI
2014 31 MAR	£305,000	£305,636	Close to HPI
2006 21 JUL	£235,000	£228,012	3% above HPI
2002 2 JUL	£192,500	£168,146	14% above HPI

13 SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hertsmere local authority area over time, sourced from the HPI. The four 13 SPRINGFIELD sales between July 2002 and May 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 March 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 13 SPRINGFIELD be worth now?

13 SPRINGFIELD might now be worth an estimated £494,610.

This is based on house price inflation of 57%, between May 2014 and May 2026, for terraced houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57% inflationary increase is applied to the most recent sale price for 13 SPRINGFIELD of £315,000 on 7th May 2014. For the value to have increased from £315,000 to £494,610 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 13 SPRINGFIELD has moved in line with the HPI for terraced houses in the Hertsmere local authority area.
• The May 2014 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 13 SPRINGFIELD has not materially changed since May 2014.

How Large is 13 SPRINGFIELD?

13 SPRINGFIELD is 71m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of terraced houses houses in Bushey, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bushey, and where 13 SPRINGFIELD lies on this distribution: 1% of terraced houses houses are smaller than 13 SPRINGFIELD, and 99% of houses are larger. Note that EPC data is not available for all properties in Bushey.

13 SPRINGFIELD: Plot and Title Map

13 SPRINGFIELD sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 13 SPRINGFIELD, 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 13 SPRINGFIELD). 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 13 SPRINGFIELD?

13 SPRINGFIELD is located in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of No. 13 on SPRINGFIELD.