3, SPRINGFIELD LANE, BRACKLA, BRIDGEND, CF31 2PL - £130,000

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.

3 SPRINGFIELD LANE is a very small semi-detached house of 43m², built sometime between 2003 and 2006, which could now be worth an estimated £151,416. It was last sold for £130,000 in February 2022, which was around 25% below the average February 2022 semi-detached price in the Bridgend local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGFIELD LANE Sold Prices

Land registry data shows four sales for 3 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Bridgend local authority area for the corresponding sale date. All of the four 3 SPRINGFIELD LANE 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 14 FEB	£130,000	£173,974	25% below HPI
2019 25 OCT	£90,000	£145,280	38% below HPI
2014 3 OCT	£83,500	£116,210	28% below HPI
2005 29 APR	£76,500	£101,377	25% below HPI

3 SPRINGFIELD LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bridgend local authority area over time, sourced from the HPI. The four 3 SPRINGFIELD LANE sales between April 2005 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 October 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 SPRINGFIELD LANE be worth now?

3 SPRINGFIELD LANE might now be worth an estimated £151,416.

This is based on house price inflation of 16.5%, between February 2022 and April 2026, for semi-detached houses, in the Bridgend local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD LANE of £130,000 on 14th February 2022. For the value to have increased from £130,000 to £151,416 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGFIELD LANE has moved in line with the HPI for semi-detached houses in the Bridgend local authority area.
• The February 2022 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD LANE has not materially changed since February 2022.

How Large is 3 SPRINGFIELD LANE?

3 SPRINGFIELD LANE is 43m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of semi-detached houses houses in Bridgend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bridgend, and where 3 SPRINGFIELD LANE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 SPRINGFIELD LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

3 SPRINGFIELD LANE: Plot and Title Map

3 SPRINGFIELD LANE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 3 SPRINGFIELD LANE, 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 3 SPRINGFIELD LANE). 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 3 SPRINGFIELD LANE?

3 SPRINGFIELD LANE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 3 on SPRINGFIELD LANE.