2, SPRINGFIELD CLOSE, LOSTWITHIEL, PL22 0RW - £404,000

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.

2 SPRINGFIELD CLOSE is a very large extended detached house of 170m², built sometime between 1983 and 1990, which could now be worth an estimated £541,181. It was last sold for £404,000 in June 2017, which was around 28% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 20 JUN	£404,000	£315,997	28% above HPI

What might 2 SPRINGFIELD CLOSE be worth now?

2 SPRINGFIELD CLOSE might now be worth an estimated £541,181.

This is based on house price inflation of 34%, between June 2017 and April 2026, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD CLOSE of £404,000 on 20th June 2017. For the value to have increased from £404,000 to £541,181 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD CLOSE has not materially changed since June 2017.

How Large is 2 SPRINGFIELD CLOSE?

2 SPRINGFIELD CLOSE is 170m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses in Lostwithiel, based on EPC data. The below chart shows the distribution of detached houses by size in Lostwithiel, and where 2 SPRINGFIELD CLOSE lies on this distribution: 87% of detached houses are smaller than 2 SPRINGFIELD CLOSE, and 13% of detached houses are larger. Note that EPC data is not available for all properties in Lostwithiel.

2 SPRINGFIELD CLOSE: Plot

2 SPRINGFIELD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m².

Where is 2 SPRINGFIELD CLOSE?

2 SPRINGFIELD CLOSE is located in LOSTWITHIEL, in the PL22 postcode district.