SPRINGFIELD, PARK VIEW, BOTHEL, WIGTON, CA7 2JD - £190,000

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 small detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £202,315. It was last sold for £190,000 in August 2022, which was around 27% below the average August 2022 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

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 Cumberland local authority area for the corresponding sale date. One of the two SPRINGFIELD sales was for below the average price, whilst the other 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
2022 5 AUG	£190,000	£261,645	27% below HPI
1997 31 JAN	£85,000	£69,827	22% above HPI

SPRINGFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The two SPRINGFIELD sales from January 1997 and August 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 January 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might SPRINGFIELD be worth now?

SPRINGFIELD might now be worth an estimated £202,315.

This is based on house price inflation of 6.5%, between August 2022 and February 2025, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for SPRINGFIELD of £190,000 on 5th August 2022. For the value to have increased from £190,000 to £202,315 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELD has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The August 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELD has not materially changed since August 2022.

How Large is SPRINGFIELD?

SPRINGFIELD is 119m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses houses in Bothel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bothel, and where SPRINGFIELD lies on this distribution: 21% of detached houses houses are smaller than SPRINGFIELD, and 79% of houses are larger. Note that EPC data is not available for all properties in Bothel.

SPRINGFIELD: Plot and Title Map

SPRINGFIELD sits on a plot of roughly 0.123 of an acre, or 498m². 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 PARK VIEW in BOTHEL, in the CA7 postcode district. The below map shows the position of SPRINGFIELD on PARK VIEW.