SPRINGFIELD, CHAPEL LANE, EBLEY, STROUD, GL5 4TD - £330,000

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.

SPRINGFIELD is a large extended detached house of 133m², built sometime between 1900 and 1929, which could now be worth an estimated £389,571. It was last sold for £330,000 in September 2020, which was around 29% below the average September 2020 detached price in the Stroud local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

SPRINGFIELD Sold Prices

Land registry data shows two sales for SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two SPRINGFIELD 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
2020 18 SEP	£330,000	£461,765	29% below HPI
2019 28 JAN	£185,000	£437,452	58% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from January 2019 and September 2020 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 January 2019 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the September 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £389,571.

This is based on house price inflation of 18.1%, between September 2020 and April 2026, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £330,000 on 18th September 2020. For the value to have increased from £330,000 to £389,571 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Stroud local authority area.
• The September 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since September 2020.

How Large is SPRINGFIELD?

SPRINGFIELD is 133m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stroud, and where SPRINGFIELD lies on this distribution: 69% of detached houses houses are smaller than SPRINGFIELD, and 31% of houses are larger. Note that EPC data is not available for all properties in Stroud.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.381 of an acre, or 1,543m². The below map shows the location of SPRINGFIELD, 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 SPRINGFIELD). 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 SPRINGFIELD?

SPRINGFIELD is located on CHAPEL LANE in EBLEY, in the GL5 postcode district. The below map shows the position of SPRINGFIELD on CHAPEL LANE.