1, SPRINGWOOD DRIVE, ASHFORD, TN23 3JL - £318,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPRINGWOOD DRIVE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £318,000 in January 2021, which was around 35% below the average January 2021 detached price in the Ashford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

1 SPRINGWOOD DRIVE Sold Prices

Land registry data shows two sales for 1 SPRINGWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. Both of the two 1 SPRINGWOOD DRIVE 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
2021 29 JAN	£318,000	£487,742	35% below HPI
2017 21 AUG	£273,750	£442,372	38% below HPI

1 SPRINGWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The two 1 SPRINGWOOD DRIVE sales from August 2017 and January 2021 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 August 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 SPRINGWOOD DRIVE?

1 SPRINGWOOD DRIVE is 69m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 1 SPRINGWOOD DRIVE lies on this distribution: 4% of detached houses are smaller than 1 SPRINGWOOD DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ashford.

1 SPRINGWOOD DRIVE: Plot and Title Map

1 SPRINGWOOD DRIVE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 SPRINGWOOD DRIVE, 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 1 SPRINGWOOD DRIVE). 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 1 SPRINGWOOD DRIVE?

1 SPRINGWOOD DRIVE is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 1 on SPRINGWOOD DRIVE.