SPRINGFIELDS, CHESTNUT HILL, NAILSWORTH, STROUD, GL6 0RA - £432,000

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 midsized extended detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £543,812. It was last sold for £432,000 in February 2018, which was about the average February 2018 detached price in the Stroud local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

SPRINGFIELDS Sold Prices

Land registry data shows three sales for SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. The three SPRINGFIELDS sales were a mix of roughly equal to the average price, and 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
2018 2 FEB	£432,000	£433,041	Close to HPI
2009 8 MAY	£280,000	£270,444	4% above HPI
1996 17 DEC	£107,500	£103,639	4% above HPI

SPRINGFIELDS 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 three SPRINGFIELDS sales between December 1996 and February 2018 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 May 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £543,812.

This is based on house price inflation of 25.9%, between February 2018 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 25.9% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £432,000 on 2nd February 2018. For the value to have increased from £432,000 to £543,812 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for detached houses in the Stroud local authority area.
• The February 2018 sale price of £432,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since February 2018.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 135m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsworth, and where SPRINGFIELDS lies on this distribution: 56% of detached houses houses are smaller than SPRINGFIELDS, and 44% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.098 of an acre, or 395m². 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 CHESTNUT HILL in NAILSWORTH, in the GL6 postcode district. The below map shows the position of SPRINGFIELDS on CHESTNUT HILL.