8, SPRINGFIELD CLOSE, WORCESTER, WR5 3BQ - £260,000

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.

8 SPRINGFIELD CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £372,508. It was last sold for £260,000 in June 2016, which was around 12% below the average June 2016 detached price in the Worcester local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 SPRINGFIELD CLOSE Sold Prices

Land registry data shows one sale for 8 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 Worcester 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
2016 14 JUN	£260,000	£296,743	12% below HPI

What might 8 SPRINGFIELD CLOSE be worth now?

8 SPRINGFIELD CLOSE might now be worth an estimated £372,508.

This is based on house price inflation of 43.3%, between June 2016 and April 2026, for detached houses, in the Worcester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.3% inflationary increase is applied to the most recent sale price for 8 SPRINGFIELD CLOSE of £260,000 on 14th June 2016. For the value to have increased from £260,000 to £372,508 over the ten years and two months to April 2026, the following assumptions must hold true:

• The value of 8 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Worcester local authority area.
• The June 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRINGFIELD CLOSE has not materially changed since June 2016.

How Large is 8 SPRINGFIELD CLOSE?

8 SPRINGFIELD CLOSE is 70m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses in Worcester, based on EPC data. The below chart shows the distribution of detached houses by size in Worcester, and where 8 SPRINGFIELD CLOSE lies on this distribution: 6% of detached houses are smaller than 8 SPRINGFIELD CLOSE, and 93% of detached houses are larger. Note that EPC data is not available for all properties in Worcester.

8 SPRINGFIELD CLOSE: Plot

8 SPRINGFIELD CLOSE sits on a plot of roughly 0.122 of an acre, or 492m².

Where is 8 SPRINGFIELD CLOSE?

8 SPRINGFIELD CLOSE is located in WORCESTER, in the WR5 postcode district.