50, SPRINGFIELD ROAD, BIGRIGG, EGREMONT, CA22 2TQ - £94,000

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.

50 SPRINGFIELD ROAD is a terraced house, which could now be worth an estimated £123,734. It was last sold for £94,000 in August 2007, which was around 13% below the average August 2007 terraced price in the Cumberland local authority area.

50 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 50 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cumberland local authority area for the corresponding sale date. Both of the two 50 SPRINGFIELD ROAD sales were for below 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
2007 24 AUG	£94,000	£108,288	13% below HPI
2004 16 APR	£64,000	£66,282	3% below HPI

What might 50 SPRINGFIELD ROAD be worth now?

50 SPRINGFIELD ROAD might now be worth an estimated £123,734.

This is based on house price inflation of 31.6%, between August 2007 and May 2026, for terraced houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.6% inflationary increase is applied to the most recent sale price for 50 SPRINGFIELD ROAD of £94,000 on 24th August 2007. For the value to have increased from £94,000 to £123,734 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 50 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Cumberland local authority area.
• The August 2007 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of 50 SPRINGFIELD ROAD has not materially changed since August 2007.

Where is 50 SPRINGFIELD ROAD?

50 SPRINGFIELD ROAD is located in BIGRIGG, in the CA22 postcode district.