3, SPRINGFIELD TERRACE, TOCKWITH, YORK, YO26 7QB - £247,000

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 TERRACE is a very small terraced house of 68m², built sometime before 1900, which could now be worth an estimated £310,666. It was last sold for £247,000 in May 2020, which was around 42% above the average May 2020 terraced price in the North Yorkshire local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 SPRINGFIELD TERRACE Sold Prices

Land registry data shows four sales for 3 SPRINGFIELD TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Yorkshire local authority area for the corresponding sale date. All of the four 3 SPRINGFIELD TERRACE 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
2020 26 MAY	£247,000	£173,601	42% above HPI
2007 15 AUG	£265,000	£159,264	66% above HPI
2000 14 DEC	£90,000	£59,018	52% above HPI
1997 19 SEP	£64,000	£47,274	35% above HPI

3 SPRINGFIELD TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Yorkshire local authority area over time, sourced from the HPI. The four 3 SPRINGFIELD TERRACE sales between September 1997 and May 2020 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 August 2007 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2020 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 3 SPRINGFIELD TERRACE be worth now?

3 SPRINGFIELD TERRACE might now be worth an estimated £310,666.

This is based on house price inflation of 25.8%, between May 2020 and May 2026, for terraced houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.8% inflationary increase is applied to the most recent sale price for 3 SPRINGFIELD TERRACE of £247,000 on 26th May 2020. For the value to have increased from £247,000 to £310,666 over the six years to May 2026, the following assumptions must hold true:

• The value of 3 SPRINGFIELD TERRACE has moved in line with the HPI for terraced houses in the North Yorkshire local authority area.
• The May 2020 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGFIELD TERRACE has not materially changed since May 2020.

How Large is 3 SPRINGFIELD TERRACE?

3 SPRINGFIELD TERRACE is 68m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in Tockwith, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tockwith, and where 3 SPRINGFIELD TERRACE lies on this distribution: 6% of terraced houses houses are smaller than 3 SPRINGFIELD TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Tockwith.

3 SPRINGFIELD TERRACE: Plot and Title Map

3 SPRINGFIELD TERRACE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 3 SPRINGFIELD TERRACE, 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 TERRACE). 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 TERRACE?

3 SPRINGFIELD TERRACE is located in TOCKWITH, in the YO26 postcode district. The below map shows the position of No. 3 on SPRINGFIELD TERRACE.