6, SPRINGFIELDS, AMBROSDEN, BICESTER, OX25 2AH - £417,500

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.

6 SPRINGFIELDS is a small detached house of 130m², built in 2015, which could now be worth an estimated £510,506. It was last sold for £417,500 in February 2019, which was around 11% below the average February 2019 detached price in the Cherwell local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

6 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 6 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 6 SPRINGFIELDS 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
2019 15 FEB	£417,500	£470,504	11% below HPI
2015 19 JUN	£375,000	£428,245	12% below HPI

6 SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 6 SPRINGFIELDS sales from June 2015 and February 2019 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 June 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 SPRINGFIELDS be worth now?

6 SPRINGFIELDS might now be worth an estimated £510,506.

This is based on house price inflation of 22.3%, between February 2019 and April 2026, for detached houses, in the Cherwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.3% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELDS of £417,500 on 15th February 2019. For the value to have increased from £417,500 to £510,506 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 SPRINGFIELDS has moved in line with the HPI for detached houses in the Cherwell local authority area.
• The February 2019 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELDS has not materially changed since February 2019.

How Large is 6 SPRINGFIELDS?

6 SPRINGFIELDS is 130m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses houses in Ambrosden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ambrosden, and where 6 SPRINGFIELDS lies on this distribution: 35% of detached houses houses are smaller than 6 SPRINGFIELDS, and 63% of houses are larger. Note that EPC data is not available for all properties in Ambrosden.

6 SPRINGFIELDS: Plot and Title Map

6 SPRINGFIELDS sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 6 SPRINGFIELDS, 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 6 SPRINGFIELDS). 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 6 SPRINGFIELDS?

6 SPRINGFIELDS is located in AMBROSDEN, in the OX25 postcode district. The below map shows the position of No. 6 on SPRINGFIELDS.