27, SPRINGFIELD ROAD, BIGRIGG, EGREMONT, CA22 2TQ - £92,000

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.

27 SPRINGFIELD ROAD is a very small extended terraced house of 62m², built sometime between 1900 and 1929, which could now be worth an estimated £109,014. It was last sold for £92,000 in February 2022, which was around 23% below the average February 2022 terraced price in the Cumberland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

27 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 27 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. Both of the two 27 SPRINGFIELD ROAD 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
2022 4 FEB	£92,000	£119,634	23% below HPI
2014 4 FEB	£88,200	£98,021	10% below HPI

27 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cumberland local authority area over time, sourced from the HPI. The two 27 SPRINGFIELD ROAD sales from February 2014 and February 2022 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 February 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 27 SPRINGFIELD ROAD be worth now?

27 SPRINGFIELD ROAD might now be worth an estimated £109,014.

This is based on house price inflation of 18.5%, between February 2022 and April 2026, for terraced 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 18.5% inflationary increase is applied to the most recent sale price for 27 SPRINGFIELD ROAD of £92,000 on 4th February 2022. For the value to have increased from £92,000 to £109,014 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 27 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The February 2022 sale price of £92,000 represented a fair market value for the property.
• The size, condition, and specification of 27 SPRINGFIELD ROAD has not materially changed since February 2022.

How Large is 27 SPRINGFIELD ROAD?

27 SPRINGFIELD ROAD is 62m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of terraced houses houses in Bigrigg, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bigrigg, and where 27 SPRINGFIELD ROAD lies on this distribution: 8% of terraced houses houses are smaller than 27 SPRINGFIELD ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Bigrigg.

27 SPRINGFIELD ROAD: Plot and Title Map

27 SPRINGFIELD ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 27 SPRINGFIELD ROAD, 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 27 SPRINGFIELD ROAD). 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 27 SPRINGFIELD ROAD?

27 SPRINGFIELD ROAD is located in BIGRIGG, in the CA22 postcode district. The below map shows the position of No. 27 on SPRINGFIELD ROAD.