2, SPRINGFIELD PARK, BARRIPPER, CAMBORNE, TR14 0QZ - £185,000

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.

2 SPRINGFIELD PARK is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £287,780. It was last sold for £185,000 in May 2011, which was around 32% below the average May 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was D.

2 SPRINGFIELD PARK Sold Prices

Land registry data shows four sales for 2 SPRINGFIELD PARK 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 PARK 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
2011 23 MAY	£185,000	£271,124	32% below HPI
2003 30 APR	£159,000	£204,490	22% below HPI
2002 26 JUL	£145,000	£167,868	14% below HPI
1998 30 JAN	£64,000	£87,811	27% below HPI

2 SPRINGFIELD PARK 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 PARK sales between January 1998 and May 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 April 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2011 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 SPRINGFIELD PARK be worth now?

2 SPRINGFIELD PARK might now be worth an estimated £287,780.

This is based on house price inflation of 55.6%, between May 2011 and July 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.6% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD PARK of £185,000 on 23rd May 2011. For the value to have increased from £185,000 to £287,780 over the fourteen years and ten months to July 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD PARK has not materially changed since May 2011.

How Large is 2 SPRINGFIELD PARK?

2 SPRINGFIELD PARK is 73m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of detached houses houses in Barripper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barripper, and where 2 SPRINGFIELD PARK lies on this distribution: 32% of detached houses houses are smaller than 2 SPRINGFIELD PARK, and 64% of houses are larger. Note that EPC data is not available for all properties in Barripper.

2 SPRINGFIELD PARK: Plot and Title Map

2 SPRINGFIELD PARK sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 2 SPRINGFIELD PARK, 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 PARK). 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 PARK?

2 SPRINGFIELD PARK is located in BARRIPPER, in the TR14 postcode district. The below map shows the position of No. 2 on SPRINGFIELD PARK.