SPRINGFIELD, LONGWICK ROAD, PRINCES RISBOROUGH, HP27 9HE - £390,000

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 very small semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £401,813. It was last sold for £390,000 in October 2022, which was around 16% below the average October 2022 semi-detached price in the Buckinghamshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, 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 semi-detached price in the Buckinghamshire 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
2022 28 OCT	£390,000	£465,085	16% below HPI
2002 5 DEC	£185,000	£195,999	6% below HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Buckinghamshire local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from December 2002 and October 2022 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 December 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £401,813.

This is based on house price inflation of 3%, between October 2022 and May 2026, for semi-detached houses, in the Buckinghamshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £390,000 on 28th October 2022. For the value to have increased from £390,000 to £401,813 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for semi-detached houses in the Buckinghamshire local authority area.
• The October 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since October 2022.

How Large is SPRINGFIELD?

SPRINGFIELD is 88m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of semi-detached houses houses in Princes Risborough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Princes Risborough, and where SPRINGFIELD lies on this distribution: 13% of semi-detached houses houses are smaller than SPRINGFIELD, and 86% of houses are larger. Note that EPC data is not available for all properties in Princes Risborough.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.073 of an acre, or 296m². 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 LONGWICK ROAD in PRINCES RISBOROUGH, in the HP27 postcode district. The below map shows the position of SPRINGFIELD on LONGWICK ROAD.