7, SPRINGHEAD, TUNBRIDGE WELLS, TN2 3NY - £538,000

7 SPRINGHEAD is a small extended detached house of 109m², built sometime between 1950 and 1966. It was last sold for £538,000 in August 2017, which was around 25% below the average August 2017 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

7 SPRINGHEAD Sold Prices

Land registry data shows three sales for 7 SPRINGHEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 7 SPRINGHEAD 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
2017 24 AUG	£538,000	£720,107	25% below HPI
2011 8 APR	£325,000	£521,693	38% below HPI
1997 29 AUG	£137,000	£173,424	21% below HPI

7 SPRINGHEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 7 SPRINGHEAD sales between August 1997 and August 2017 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 April 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 SPRINGHEAD?

7 SPRINGHEAD is 109m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Royal Tunbridge Wells, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Tunbridge Wells, and where 7 SPRINGHEAD lies on this distribution: 23% of detached houses are smaller than 7 SPRINGHEAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

7 SPRINGHEAD: Plot and Title Map

7 SPRINGHEAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 7 SPRINGHEAD, 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 7 SPRINGHEAD). 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 7 SPRINGHEAD?

7 SPRINGHEAD is located in TUNBRIDGE WELLS, in the TN2 postcode district. The below map shows the position of No. 7 on SPRINGHEAD.