9, SPRINGFIELD LANE, BRACKLA, BRIDGEND, CF31 2PL - £145,800

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.

9 SPRINGFIELD LANE is a very small terraced house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £156,629. It was last sold for £145,800 in October 2023, which was around 5% below the average October 2023 terraced price in the Bridgend local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

9 SPRINGFIELD LANE Sold Prices

Land registry data shows three sales for 9 SPRINGFIELD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bridgend local authority area for the corresponding sale date. Two of the three 9 SPRINGFIELD LANE sales were for below the average price, whilst one was 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 6 OCT	£145,800	£154,077	5% below HPI
2017 7 JUL	£104,000	£107,699	3% below HPI
2006 27 JAN	£93,000	£89,273	4% above HPI

9 SPRINGFIELD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bridgend local authority area over time, sourced from the HPI. The three 9 SPRINGFIELD LANE sales between January 2006 and October 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 July 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 9 SPRINGFIELD LANE be worth now?

9 SPRINGFIELD LANE might now be worth an estimated £156,629.

This is based on house price inflation of 7.4%, between October 2023 and April 2026, for terraced 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 7.4% inflationary increase is applied to the most recent sale price for 9 SPRINGFIELD LANE of £145,800 on 6th October 2023. For the value to have increased from £145,800 to £156,629 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 9 SPRINGFIELD LANE has moved in line with the HPI for terraced houses in the Bridgend local authority area.
• The October 2023 sale price of £145,800 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGFIELD LANE has not materially changed since October 2023.

How Large is 9 SPRINGFIELD LANE?

9 SPRINGFIELD LANE is 62m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of terraced houses houses in Bridgend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bridgend, and where 9 SPRINGFIELD LANE lies on this distribution: 2% of terraced houses houses are smaller than 9 SPRINGFIELD LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bridgend.

9 SPRINGFIELD LANE: Plot and Title Map

9 SPRINGFIELD LANE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 9 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 9 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 9 SPRINGFIELD LANE?

9 SPRINGFIELD LANE is located in BRACKLA, in the CF31 postcode district. The below map shows the position of No. 9 on SPRINGFIELD LANE.