SPRINGFIELDS, BRETTARGH DRIVE, LANCASTER, LA1 5BN - £490,000

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.

SPRINGFIELDS is a very large detached house of 178m², built sometime between 1983 and 1990, which could now be worth an estimated £696,415. It was last sold for £490,000 in October 2015, which was around 108% above the average October 2015 detached price in the Lancaster local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was D.

SPRINGFIELDS Sold Prices

Land registry data shows four sales for SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. All of the four SPRINGFIELDS sales were 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
2015 27 OCT	£490,000	£235,022	108% above HPI
2006 3 MAR	£455,000	£202,197	125% above HPI
2006 27 JAN	£415,000	£199,157	108% above HPI
1995 23 MAR	£185,000	£77,573	138% above HPI

SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The four SPRINGFIELDS sales between March 1995 and October 2015 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 March 2006 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the October 2015 sale, where it falls to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £696,415.

This is based on house price inflation of 42.1%, between October 2015 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.1% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £490,000 on 27th October 2015. For the value to have increased from £490,000 to £696,415 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The October 2015 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since October 2015.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 178m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Lancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lancaster, and where SPRINGFIELDS lies on this distribution: 88% of detached houses houses are smaller than SPRINGFIELDS, and 12% of houses are larger. Note that EPC data is not available for all properties in Lancaster.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

SPRINGFIELDS is located on BRETTARGH DRIVE in LANCASTER, in the LA1 postcode district. The below map shows the position of SPRINGFIELDS on BRETTARGH DRIVE.