9, SPRINGFIELD ROAD, ALCESTER, B49 6BN - £185,000

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 ROAD is a very small terraced house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £248,575. It was last sold for £185,000 in February 2017, which was around 15% below the average February 2017 terraced price in the Stratford-on-Avon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

9 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 9 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Stratford-on-Avon local authority area for the corresponding sale date. Both of the two 9 SPRINGFIELD ROAD 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
2017 24 FEB	£185,000	£217,321	15% below HPI
2012 24 AUG	£145,000	£185,056	22% below HPI

9 SPRINGFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 9 SPRINGFIELD ROAD sales from August 2012 and February 2017 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 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 SPRINGFIELD ROAD be worth now?

9 SPRINGFIELD ROAD might now be worth an estimated £248,575.

This is based on house price inflation of 34.4%, between February 2017 and April 2026, for terraced houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.4% inflationary increase is applied to the most recent sale price for 9 SPRINGFIELD ROAD of £185,000 on 24th February 2017. For the value to have increased from £185,000 to £248,575 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 9 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Stratford-on-Avon local authority area.
• The February 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGFIELD ROAD has not materially changed since February 2017.

How Large is 9 SPRINGFIELD ROAD?

9 SPRINGFIELD ROAD is 69m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of terraced houses houses in Alcester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Alcester, and where 9 SPRINGFIELD ROAD lies on this distribution: 6% of terraced houses houses are smaller than 9 SPRINGFIELD ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Alcester.

9 SPRINGFIELD ROAD: Plot and Title Map

9 SPRINGFIELD ROAD sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 9 SPRINGFIELD ROAD, 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 ROAD). 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 ROAD?

9 SPRINGFIELD ROAD is located in ALCESTER, in the B49 postcode district. The below map shows the position of No. 9 on SPRINGFIELD ROAD.