24, SPRINGFIELD DRIVE, BROMHAM, BEDFORD, MK43 8LE - £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.

24 SPRINGFIELD DRIVE is a small extended semi-detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £485,612. It was last sold for £315,000 in December 2015, which was around 40% above the average December 2015 semi-detached price in the Bedford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

24 SPRINGFIELD DRIVE Sold Prices

Land registry data shows three sales for 24 SPRINGFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Bedford local authority area for the corresponding sale date. All of the three 24 SPRINGFIELD DRIVE 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 DEC	£315,000	£224,945	40% above HPI
2013 25 OCT	£250,000	£180,770	38% above HPI
1996 29 MAY	£78,000	£51,492	51% above HPI

24 SPRINGFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bedford local authority area over time, sourced from the HPI. The three 24 SPRINGFIELD DRIVE sales between May 1996 and December 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 October 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 24 SPRINGFIELD DRIVE be worth now?

24 SPRINGFIELD DRIVE might now be worth an estimated £485,612.

This is based on house price inflation of 54.2%, between December 2015 and April 2026, for semi-detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for 24 SPRINGFIELD DRIVE of £315,000 on 7th December 2015. For the value to have increased from £315,000 to £485,612 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of 24 SPRINGFIELD DRIVE has moved in line with the HPI for semi-detached houses in the Bedford local authority area.
• The December 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRINGFIELD DRIVE has not materially changed since December 2015.

How Large is 24 SPRINGFIELD DRIVE?

24 SPRINGFIELD DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of semi-detached houses houses in Bromham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bromham, and where 24 SPRINGFIELD DRIVE lies on this distribution: 23% of semi-detached houses houses are smaller than 24 SPRINGFIELD DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bromham.

24 SPRINGFIELD DRIVE: Plot and Title Map

24 SPRINGFIELD DRIVE sits on a plot of roughly 0.266 of an acre, or 1,075m². The below map shows the location of 24 SPRINGFIELD DRIVE, 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 24 SPRINGFIELD DRIVE). 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 24 SPRINGFIELD DRIVE?

24 SPRINGFIELD DRIVE is located in BROMHAM, in the MK43 postcode district. The below map shows the position of No. 24 on SPRINGFIELD DRIVE.