40, SPRINGFIELD, OVINGTON, PRUDHOE, NE42 6EH - £325,000

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.

40 SPRINGFIELD is a midsized extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £489,109. It was last sold for £325,000 in March 2011, which was around 33% above the average March 2011 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

40 SPRINGFIELD Sold Prices

Land registry data shows one sale for 40 SPRINGFIELD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Northumberland 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
2011 16 MAR	£325,000	£244,173	33% above HPI

What might 40 SPRINGFIELD be worth now?

40 SPRINGFIELD might now be worth an estimated £489,109.

This is based on house price inflation of 50.5%, between March 2011 and May 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.5% inflationary increase is applied to the most recent sale price for 40 SPRINGFIELD of £325,000 on 16th March 2011. For the value to have increased from £325,000 to £489,109 over the fourteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 40 SPRINGFIELD has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2011 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPRINGFIELD has not materially changed since March 2011.

How Large is 40 SPRINGFIELD?

40 SPRINGFIELD is 150m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Ovington, based on EPC data. The below chart shows the distribution of detached houses by size in Ovington, and where 40 SPRINGFIELD lies on this distribution: 51% of detached houses are smaller than 40 SPRINGFIELD, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Ovington.

40 SPRINGFIELD: Plot

40 SPRINGFIELD sits on a plot of roughly 0.103 of an acre, or 415m².

Where is 40 SPRINGFIELD?

40 SPRINGFIELD is located in OVINGTON, in the NE42 postcode district.