4, SPRINGFIELD CLOSE, WORCESTER, WR5 3BQ - £255,000

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.

4 SPRINGFIELD CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £351,380. It was last sold for £255,000 in May 2016, which was around 13% below the average May 2016 detached price in the Worcester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

4 SPRINGFIELD CLOSE Sold Prices

Land registry data shows four sales for 4 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Worcester local authority area for the corresponding sale date. All of the four 4 SPRINGFIELD CLOSE 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
2016 11 MAY	£255,000	£293,415	13% below HPI
2004 12 AUG	£202,500	£233,474	13% below HPI
1999 27 AUG	£87,000	£109,487	21% below HPI
1997 29 AUG	£75,500	£91,158	17% below HPI

4 SPRINGFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Worcester local authority area over time, sourced from the HPI. The four 4 SPRINGFIELD CLOSE sales between August 1997 and May 2016 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2016 sale, which was also at 13% below the HPI.

What might 4 SPRINGFIELD CLOSE be worth now?

4 SPRINGFIELD CLOSE might now be worth an estimated £351,380.

This is based on house price inflation of 37.8%, between May 2016 and March 2025, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.8% inflationary increase is applied to the most recent sale price for 4 SPRINGFIELD CLOSE of £255,000 on 11th May 2016. For the value to have increased from £255,000 to £351,380 over the nine years and two months to March 2025, the following assumptions must hold true:

• The value of 4 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The May 2016 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGFIELD CLOSE has not materially changed since May 2016.

How Large is 4 SPRINGFIELD CLOSE?

4 SPRINGFIELD CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worcester, and where 4 SPRINGFIELD CLOSE lies on this distribution: 15% of detached houses houses are smaller than 4 SPRINGFIELD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Worcester.

4 SPRINGFIELD CLOSE: Plot and Title Map

4 SPRINGFIELD CLOSE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 4 SPRINGFIELD CLOSE, 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 4 SPRINGFIELD CLOSE). 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 4 SPRINGFIELD CLOSE?

4 SPRINGFIELD CLOSE is located in WORCESTER, in the WR5 postcode district. The below map shows the position of No. 4 on SPRINGFIELD CLOSE.