15, SPRINGFIELDS, WIGTON, CA7 9JT - £125,000

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.

15 SPRINGFIELDS is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £175,601. It was last sold for £125,000 in October 2015, which was around 2% above the average October 2015 semi-detached price in the Cumberland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

15 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 15 SPRINGFIELDS 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 Cumberland local authority area for the corresponding sale date. Both of the two 15 SPRINGFIELDS 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
2015 7 OCT	£125,000	£122,655	2% above HPI
2004 28 MAY	£130,000	£86,896	50% above HPI

15 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cumberland local authority area over time, sourced from the HPI. The two 15 SPRINGFIELDS sales from May 2004 and October 2015 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 2004 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2015 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 15 SPRINGFIELDS be worth now?

15 SPRINGFIELDS might now be worth an estimated £175,601.

This is based on house price inflation of 40.5%, between October 2015 and February 2025, for semi-detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.5% inflationary increase is applied to the most recent sale price for 15 SPRINGFIELDS of £125,000 on 7th October 2015. For the value to have increased from £125,000 to £175,601 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SPRINGFIELDS has moved in line with the HPI for semi-detached houses in the Cumberland local authority area.
• The October 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRINGFIELDS has not materially changed since October 2015.

How Large is 15 SPRINGFIELDS?

15 SPRINGFIELDS is 77m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of semi-detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wigton, and where 15 SPRINGFIELDS lies on this distribution: 11% of semi-detached houses houses are smaller than 15 SPRINGFIELDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Wigton.

15 SPRINGFIELDS: Plot and Title Map

15 SPRINGFIELDS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 15 SPRINGFIELDS, 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 15 SPRINGFIELDS). 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 15 SPRINGFIELDS?

15 SPRINGFIELDS is located in WIGTON, in the CA7 postcode district. The below map shows the position of No. 15 on SPRINGFIELDS.