2, Springfield Lane
2, Springfield Lane
Description & Estimates
According to the public record, 2, Springfield Lane, Newbury is a mid-century house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Springfield Lane, Newbury is £318,483 and the estimated rental value is £1,519 per month.
Springfield Lane, Newbury, RG14 is located within the RG14 postal district.
Our Data Sources
2, Springfield Lane, Newbury has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Springfield Lane, Newbury is in very good condition we estimate a sale value of £334,407 and a rental value of £1,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,189 and a rental value of £1,413 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Springfield Lane, Newbury has dropped by £4,483 (1.4%), while its estimated rental value has risen by £49 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
2, Springfield Lane, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Lane, Newbury within a radius of 610 metres over the last 2 years.
The most recent example is 42, The Nightingales, Newbury, RG14 7UJ, a freehold house which sold for £305,000 on the 6th September 2024.
Read more about house prices in RG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Springfield Lane, Newbury, RG14 has a total of 22 addresses. According to our analysis of all the public data, 2, Springfield Lane, Newbury is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in RG14.
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Schools Nearby
- 300mThe Willows Primary School
- 700mSt John the Evangelist CofE Infant and Nursery School
- 900mHighwood Copse Primary School
- 1.1kmSt Bartholomew's School
- 1.8kmPark House School
- 2.8kmTrinity School
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Public Transport Nearby
The closest station to 2, Springfield Lane, Newbury is Newbury station, which is 1.2 kilometres away.
- 1.2kmNewbury
- 1.4kmNewbury Racecourse
- 5.2kmThatcham
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
