2, SPRINGFIELD GATE, LOOE, PL13 1HF - £394,000

2 SPRINGFIELD GATE is a large detached house of 166m², built sometime between 1996 and 2002. It was last sold for £394,000 in April 2011, which was around 46% above the average April 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 SPRINGFIELD GATE Sold Prices

Land registry data shows four sales for 2 SPRINGFIELD GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 2 SPRINGFIELD GATE 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
2011 12 APR	£394,000	£270,506	46% above HPI
2006 4 DEC	£382,750	£280,057	37% above HPI
2001 28 NOV	£240,000	£141,481	70% above HPI
1999 20 OCT	£163,500	£100,316	63% above HPI

2 SPRINGFIELD GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 2 SPRINGFIELD GATE sales between October 1999 and April 2011 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 December 2006 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2011 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 2 SPRINGFIELD GATE?

2 SPRINGFIELD GATE is 166m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where 2 SPRINGFIELD GATE lies on this distribution: 77% of detached houses are smaller than 2 SPRINGFIELD GATE, and 23% of houses are larger. Note that EPC data is not available for all properties in Looe.

2 SPRINGFIELD GATE: Plot and Title Map

2 SPRINGFIELD GATE sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of 2 SPRINGFIELD GATE, 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 2 SPRINGFIELD GATE). 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 2 SPRINGFIELD GATE?

2 SPRINGFIELD GATE is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 2 on SPRINGFIELD GATE.