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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 2, Springfield Lane, Warwick is a modern freehold house with 968 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, Warwick is £364,164 and the estimated rental value is £1,534 per month.
Springfield Lane, Warwick, CV34 is located in the borough of Warwick within the CV34 postal district.
2, Springfield Lane, Warwick has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Warwick is in very good condition we estimate a sale value of £382,372 and a rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,672 and a rental value of £1,427 per month.
Over the last 12 months the sale value of 2 Springfield Lane Warwick has increased by an estimated £820 (0.2%) and its rental value has increased by an estimated £39 per month (2.6%), giving an expected gross yield of 5.1%.
2, Springfield Lane, Warwick has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Springfield Lane, Warwick was last sold on 14th October 2022 for £377,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Lane, Warwick within a radius of 900 metres over the last 2 years.
The most recent example is 5, Honey Lane, Warwick, CV34 8BH, a freehold house which sold for £349,995 on the 9th February 2024.
Read more about house prices in CV34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Lane, Warwick, CV34 has a total of 34 addresses. According to our analysis of all the public data, 2, Springfield Lane, Warwick is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in CV34.
The closest station to 2, Springfield Lane, Warwick is Leamington Spa station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Springfield Lane, Warwick, 46.8% of property is privately owned with a mortgage and 46.2% is privately owned outright.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Springfield Lane, Warwick, 22.3% of residents are recorded as possessing school level qualifications and 68.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Springfield Lane, Warwick, the average age was 39.8 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Springfield Lane, Warwick, 1.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Springfield Lane, Warwick, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
