SPRINGFIELDS, POST OFFICE ROAD, LITTLE PLUMSTEAD, NORWICH, NR13 5AD - £272,500

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 small terraced house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £316,754. It was last sold for £272,500 in February 2019, which was around 46% above the average February 2019 terraced price in the Broadland local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

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 terraced price in the Broadland 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
2019 27 FEB	£272,500	£186,459	46% above HPI
2015 12 OCT	£230,000	£163,486	41% above HPI
2005 4 MAR	£182,000	£121,045	50% above HPI
2004 1 JUL	£145,000	£112,975	28% above HPI

SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broadland local authority area over time, sourced from the HPI. The four SPRINGFIELDS sales between July 2004 and February 2019 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 October 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2019 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £316,754.

This is based on house price inflation of 16.2%, between February 2019 and June 2025, for terraced houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.2% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £272,500 on 27th February 2019. For the value to have increased from £272,500 to £316,754 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for terraced houses in the Broadland local authority area.
• The February 2019 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since February 2019.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 77m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of terraced houses houses in Little Plumstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Little Plumstead, and where SPRINGFIELDS lies on this distribution: 7% of terraced houses houses are smaller than SPRINGFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Little Plumstead.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.076 of an acre, or 306m². 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 POST OFFICE ROAD in LITTLE PLUMSTEAD, in the NR13 postcode district. The below map shows the position of SPRINGFIELDS on POST OFFICE ROAD.