THE SPRINGS, SPRING LANE, ELDWICK, BINGLEY, BD16 3AS - £480,000

THE SPRINGS is a very large detached house of 201m², built sometime before 1900. It was last sold for £480,000 in September 2011, which was around 125% above the average September 2011 detached price in the Bradford local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

THE SPRINGS Sold Prices

Land registry data shows two sales for THE SPRINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bradford local authority area for the corresponding sale date. Both of the two THE SPRINGS 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
2011 1 SEP	£480,000	£213,522	125% above HPI
2001 31 MAY	£245,000	£91,759	167% above HPI

THE SPRINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bradford local authority area over time, sourced from the HPI. The two THE SPRINGS sales from May 2001 and September 2011 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 May 2001 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the September 2011 sale, where it falls to 125% above the HPI. The line then continues to track at 125% above the HPI.

How Large is THE SPRINGS?

THE SPRINGS is 201m² according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses in Bingley, based on EPC data. The below chart shows the distribution of detached houses by size in Bingley, and where THE SPRINGS lies on this distribution: 86% of detached houses are smaller than THE SPRINGS, and 14% of houses are larger. Note that EPC data is not available for all properties in Bingley.

THE SPRINGS: Plot and Title Map

THE SPRINGS sits on a plot of roughly 1.7 acres, or 7,078m². The below map shows the location of THE SPRINGS, 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 THE SPRINGS). 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 THE SPRINGS?

THE SPRINGS is located on SPRING LANE in ELDWICK, in the BD16 postcode district. The below map shows the position of THE SPRINGS on SPRING LANE.