9, SPRINGFIELD PARK, TROWBRIDGE, BA14 7HT - £425,000

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.

9 SPRINGFIELD PARK is a large extended detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £502,375. It was last sold for £425,000 in February 2019, which was around 2% below the average February 2019 detached price in the Wiltshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

9 SPRINGFIELD PARK Sold Prices

Land registry data shows four sales for 9 SPRINGFIELD PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wiltshire local authority area for the corresponding sale date. All of the four 9 SPRINGFIELD PARK 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	£425,000	£434,941	2% below HPI
2004 6 FEB	£225,000	£274,316	18% below HPI
2000 27 OCT	£155,000	£187,500	17% below HPI
1997 23 JUN	£113,000	£114,082	1% below HPI

9 SPRINGFIELD PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The four 9 SPRINGFIELD PARK sales between June 1997 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 February 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 9 SPRINGFIELD PARK be worth now?

9 SPRINGFIELD PARK might now be worth an estimated £502,375.

This is based on house price inflation of 18.2%, between February 2019 and April 2026, for detached houses, in the Wiltshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.2% inflationary increase is applied to the most recent sale price for 9 SPRINGFIELD PARK of £425,000 on 15th February 2019. For the value to have increased from £425,000 to £502,375 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of 9 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the Wiltshire local authority area.
• The February 2019 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGFIELD PARK has not materially changed since February 2019.

How Large is 9 SPRINGFIELD PARK?

9 SPRINGFIELD PARK is 145m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses houses in Trowbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trowbridge, and where 9 SPRINGFIELD PARK lies on this distribution: 79% of detached houses houses are smaller than 9 SPRINGFIELD PARK, and 21% of houses are larger. Note that EPC data is not available for all properties in Trowbridge.

9 SPRINGFIELD PARK: Plot and Title Map

9 SPRINGFIELD PARK sits on a plot of roughly 0.207 of an acre, or 839m². The below map shows the location of 9 SPRINGFIELD PARK, 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 PARK). 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 PARK?

9 SPRINGFIELD PARK is located in TROWBRIDGE, in the BA14 postcode district. The below map shows the position of No. 9 on SPRINGFIELD PARK.