5, SPRINGFIELD GARDENS, BROMLEY, BR1 2LY - £675,000

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.

5 SPRINGFIELD GARDENS is a very small semi-detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £716,257. It was last sold for £675,000 in August 2023, which was around 7% above the average August 2023 semi-detached price in the Bromley local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

5 SPRINGFIELD GARDENS Sold Prices

Land registry data shows four sales for 5 SPRINGFIELD GARDENS 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 Bromley local authority area for the corresponding sale date. Most of the four 5 SPRINGFIELD GARDENS 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
2023 30 AUG	£675,000	£630,360	7% above HPI
2014 1 AUG	£430,000	£442,187	3% below HPI
2006 12 APR	£295,000	£287,765	3% above HPI
2000 24 JAN	£180,000	£162,215	11% above HPI

5 SPRINGFIELD GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromley local authority area over time, sourced from the HPI. The four 5 SPRINGFIELD GARDENS sales between January 2000 and August 2023 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 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 SPRINGFIELD GARDENS be worth now?

5 SPRINGFIELD GARDENS might now be worth an estimated £716,257.

This is based on house price inflation of 6.1%, between August 2023 and May 2026, for semi-detached houses, in the Bromley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD GARDENS of £675,000 on 30th August 2023. For the value to have increased from £675,000 to £716,257 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD GARDENS has moved in line with the HPI for semi-detached houses in the Bromley local authority area.
• The August 2023 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD GARDENS has not materially changed since August 2023.

How Large is 5 SPRINGFIELD GARDENS?

5 SPRINGFIELD GARDENS is 80m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 5 SPRINGFIELD GARDENS lies on this distribution: 7% of semi-detached houses houses are smaller than 5 SPRINGFIELD GARDENS, and 92% of houses are larger. Note that EPC data is not available for all properties in London.

5 SPRINGFIELD GARDENS: Plot and Title Map

5 SPRINGFIELD GARDENS sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 5 SPRINGFIELD GARDENS, 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 5 SPRINGFIELD GARDENS). 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 5 SPRINGFIELD GARDENS?

5 SPRINGFIELD GARDENS is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 5 on SPRINGFIELD GARDENS.